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S2E8: Trust in Government and Central Bankers: The Probability of a Bad Reputation

S2E8: Trust in Government and Central Bankers: The Probability of a Bad Reputation

Update: 2024-05-15
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Trust is an important concept in economics. Economist Chris Phelan develops a theoretical model for better understanding the impact of trustworthy and opportunistic actions by governments in less developed countries. He also discusses the role of trust and understanding the effectiveness or ineffectiveness of the Federal Reserve Board's monetary policy.

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S2E8: Trust in Government and Central Bankers: The Probability of a Bad Reputation

S2E8: Trust in Government and Central Bankers: The Probability of a Bad Reputation

Heller Hurwicz