Aufsätze referiert extern - Web of Science
Tim Friehe, Jan Marcus
In: Journal of Economic Psychology 84 (2021), 102369, 9 S.
This paper tests the conjecture that involuntary job loss erodes trust. Using the German Socio-Economic Panel and considering how trust evolves over a quinquennial time interval, we find that job loss decreases trust by about 9 percent of a standard deviation.