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  1. Mistrust -- Ethnographic Approximations
    Beteiligt: Mühlfried, Florian (Hrsg.)
    Erschienen: 2018
    Verlag:  transcript Verlag, Bielefeld

    Scholars have long seen trust as a foundational social good. We therefore have ample studies on building trust in free markets, on cultivating trust in the state, and on rebuilding trust through civil society. The contributors to this volume,... mehr

     

    Scholars have long seen trust as a foundational social good. We therefore have ample studies on building trust in free markets, on cultivating trust in the state, and on rebuilding trust through civil society. The contributors to this volume, instead, take a step back. They ask: Can mistrust ever be more than the flip side of trust, more than the sign of an absence or failure? By looking ethnographically at what a variety of actors actually do when they express mistrust, this volume offers a richly empirical trove of the social life of mistrust across a range of settings.

     

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    Quelle: OAPEN; transcript Open Access
    Beteiligt: Mühlfried, Florian (Hrsg.)
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9783839439234; 9783837639230; 9783732839230
    Weitere Identifier:
    Schlagworte: Social & cultural anthropology, ethnography
    Weitere Schlagworte: sociology; cultural studies; cultural anthropology; social anthropology; culture; politics; ethnology; society; cultural theory; trust; crisis; Cryptography; Mediation; Soviet Union
    Umfang: 1 electronic resource (232 p.)
  2. Technology, Trust, and Religion : Roles of Religions in Controversies on Ecology and the Modification of Life
    Autor*in: Drees, Willem
    Erschienen: 2009
    Verlag:  Leiden University Press

    What does it mean to be human in a world of technology? What could be the role of religion in responding to the ecological crisis? Should we be concerned about the modification of food, and even of ourselves? Who do we trust to make decisions... mehr

     

    What does it mean to be human in a world of technology? What could be the role of religion in responding to the ecological crisis? Should we be concerned about the modification of food, and even of ourselves? Who do we trust to make decisions regarding our common future? What do we use our technology for? These are not questions for experts only. How can the wider public be involved? Do experts and the general public trust each other sufficiently? Or is the public ignorant, in the eyes of the scientists? And are too many engineers narrow minded, according to the general public? The contributors to this timely and necessary volume address expertise, trust and engagement, as we consider our technological condition , religious resources for the ecological crisis , biotechnology , and matters of trust between scientists and the general public. With contributions from leading scholars in the field, including James Miller from Queen's University, Canada and Tony Watling from the University College, London, this book will captivate a range of readers interested in the spirtitual dimension of of our culture and society. Wat is de invloed van technologie op de menselijke cultuur? Welke rol kan religie spelen als reactie op de dreigende ecologische crisis? Moeten we ons zorgen maken over de modificatie van voedsel, en ook zelfs van de mens? Waar willen we technologische ontwikkelingen voor inzetten een aan wie vertrouwen wij beslissingen over onze toekomst toe? Dergelijke vragen gaan niet alleen de experts maar iedereen aan. Hoe kan het grote publiek deelnemen aan het technologische debat? Of is het publiek te onwetend om mee kunnen praten? In Technology, Trust and Religion gaan zestien wetenschappers op dit onderwerp in en worden deskundigheid, vertrouwen en betrokkenheid tegen het licht gehouden.

     

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    Quelle: OAPEN
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9789087280598
    Weitere Identifier:
    Schlagworte: Film, TV & radio; Philosophy; Religion & beliefs
    Weitere Schlagworte: philosophy; ecology; technology; trust; religie; filosofie; motion pictures; film; religion; modification; Biotechnology; God; Human; Internet
    Umfang: 1 electronic resource (320 p.)
  3. Augmented Humanity : Being and Remaining Agentic in a Digitalized World
    Erschienen: 2021
    Verlag:  Springer Nature

    This open access book will examine the implications of digitalization for the understanding of humanity, conceived as a community of intelligent agency. It addresses important topics across a range of social and behavioral theories and identifies a... mehr

     

    This open access book will examine the implications of digitalization for the understanding of humanity, conceived as a community of intelligent agency. It addresses important topics across a range of social and behavioral theories and identifies a range of novel mechanisms and their social behavioral effects. Across the book, the author highlights the expansion of intelligent processing capability brought about by digitalization and the challenges this exposes for integrating artificial and human capabilities. It includes the altered effects of bounded rationality in problem solving and decision making; related changes in the perception of rationality, plus novel myopias and biases. It also seeks to address cognitive intersubjectivity, learning from performance and agentic self-generation; and the novel methods and patterns of reasoned thought which emerge in a digitalized world; and how these mechanisms will combine in making and remaking the world of human experience and understanding. This book examines the problematics and prospects for digitally augmented humanity. In doing so, it maps the terrain for a future science of augmented agency. It will have cross-disciplinary appeal to students and scholars of applied psychology, cognitive and behavioral science, organizational psychology and management, business, finance, and digital cultures and humanities.

     

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  4. Despite our broken dreams
    Autor*in: Lennon, Chai
    Erschienen: 2022
    Verlag:  epubli, Berlin

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9783756509485
    Weitere Identifier:
    9783756509485
    Auflage/Ausgabe: 1. Auflage
    Weitere Schlagworte: (Produktform)Electronic book text; (Zielgruppe)Allgemein; (Zielgruppe)ab 18 bis 99 Jahre; (BISAC Subject Heading)FOR000000; connection; relationship; trust; love; (VLB-WN)1890; (BISAC Subject Heading)JUV000000
    Umfang: Online-Ressource, 180 Seiten
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  5. Parental investment and the intergenerational transmission of economic preferences and attitudes
  6. No man is an island
    trust, trustworthiness, and social capital among Syrian refugees in Germany
    Erschienen: January 2021
    Verlag:  Universität Hamburg, Fakultät für Rechtswissenschaft, [Hamburg]

    We analyze possible links between both trust and trustworthiness among Syrian refugees in Germany in relation to the refugees' involvement in two different forms of social networking (forming bonding ties with other refugees vs. forming bridging ties... mehr

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    We analyze possible links between both trust and trustworthiness among Syrian refugees in Germany in relation to the refugees' involvement in two different forms of social networking (forming bonding ties with other refugees vs. forming bridging ties between refugees and Germans). We implement treatment conditions in which Syrian refugees play a trust game either with another Syrian refugee or with a German participant. Our results show that Syrians who engage in bonding networks show higher levels of trust and (un)conditional trustworthiness when they interact with a Syrian compared to when interacting with a German participant. In turn, the negative discrimination refugees display towards Germans decreases regarding trust and conditional trustworthiness, and vanishes regarding unconditional trustworthiness, for refugees engaged in bridging networks. The type of social ties created by the refugees correlates with their living conditions: newly arrived Syrian refugees tend to engage in bonding networks, whereas both staying longer in Germany and having a private home in Germany coincide with increased engagement in bridging networks. Thus, residence in a refugee camp appears to be an important barrier to the proliferation of social networks between hosts and refugees.We analyze possible links between both trust and trustworthiness among Syrian refugees in Germany in relation to the refugees' involvement in two different forms of social networking (forming bonding ties with other refugees vs. forming bridging ties between refugees and Germans). We implement treatment conditions in which Syrian refugees play a trust game either with another Syrian refugee or with a German participant. Our results show that Syrians who engage in bonding networks show higher levels of trust and (un)conditional trustworthiness when they interact with a Syrian compared to when interacting with a German participant. In turn, the negative discrimination refugees display towards Germans decreases regarding trust and conditional trustworthiness, and vanishes regarding unconditional trustworthiness, for refugees engaged in bridging networks. The type of social ties created by the refugees correlates with their living conditions: newly arrived Syrian refugees tend to engage in bonding networks, whereas both staying longer in Germany and having a private home in Germany coincide with increased engagement in bridging networks. Thus, residence in a refugee camp appears to be an important barrier to the proliferation of social networks between hosts and refugees.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/229184
    Schriftenreihe: Institute of Law and Economics working paper series ; no. 45 (2021)
    Schlagworte: bonding; bridging; refugees; traumatic experience; trust; trustworthiness; social capital; experiments
    Umfang: 1 Online-Ressource (circa 41 Seiten), Illustrationen
  7. The effect of public corruption on Covid-19 fatality rate
    a cross-country examination
    Erschienen: March 2021
    Verlag:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    This paper evaluates whether the level of public corruption influences COVID-19 case fatality rates. Using cross-section data, including 64 countries and multiple regression techniques, we find that the level of corruption is positively and... mehr

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    This paper evaluates whether the level of public corruption influences COVID-19 case fatality rates. Using cross-section data, including 64 countries and multiple regression techniques, we find that the level of corruption is positively and significantly associated with COVID-19 human costs. These results are robust to control of other possible explanatory factors.

     

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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/235308
    Schriftenreihe: CESifo working paper ; no. 8938 (2021)
    Schlagworte: Covid-19; case fatality rates; pandemic; corruption; trust; cross-country regression
    Umfang: 1 Online-Ressource (circa 17 Seiten)
  8. The political scar of epidemics
    Erschienen: June 2020
    Verlag:  [LSE Financial Markets Group], [London]

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    Schriftenreihe: Financial Markets Group discussion papers ; DP 804
    Schlagworte: epidemics; trust; democracy; political approval
    Umfang: 1 Online-Ressource (circa 77 Seiten)
  9. Revenge of the experts: will COVID-19 renew or diminish public trust in science?
    Erschienen: November 2020
    Verlag:  [LSE Financial Markets Group], [London]

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    Schriftenreihe: Financial Markets Group discussion papers ; DP 819
    Schlagworte: epidemics; trust; scientists; impressionable years
    Umfang: 1 Online-Ressource (circa 72 Seiten), Illustrationen
  10. Riding out of a financial crisis
    the joint effect of trust and corporate ownership
    Erschienen: July 2020
    Verlag:  GSE, Graduate School of Economics, Barcelona

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    Schriftenreihe: Barcelona GSE working paper series ; no 1194
    Schlagworte: trust; trade financing; family firms; financial crisis; performance
    Umfang: 1 Online-Ressource (circa 44 Seiten), Illustrationen
  11. How does it feel to be part of the minority?
    impacts of perspective taking on prosocial behavior
    Erschienen: September 2021
    Verlag:  Inter-American Development Bank, Social Sector - Migration Unit, [Washington, DC]

    Can taking the perspective of an out-group reduce prejudice and promote prosociality? Building on insights from social psychology, we study the case of Colombian natives and Venezuelan immigrants. We conducted an online experiment in which we... mehr

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    Can taking the perspective of an out-group reduce prejudice and promote prosociality? Building on insights from social psychology, we study the case of Colombian natives and Venezuelan immigrants. We conducted an online experiment in which we randomly assigned natives to either play an online game that immersed them in the life of a Venezuelan migrant or to watch a documentary about Venezuelans crossing the border on foot. Relative to a control group, both treatments increased altruism towards Venezuelans and improved some attitudes, but only the game significantly increased self-reported trust.

     

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    Weitere Identifier:
    hdl: 10419/252356
    Schriftenreihe: IDB working paper series ; no IDB-WP-01273
    Schlagworte: migration; prejudice; perspective taking; altruism; trust
    Umfang: 1 Online-Ressource (circa 52 Seiten), Illustrationen
  12. Clear, consistent and engaging
    ECB monetary policy communication in a changing world
    Erschienen: [2021]
    Verlag:  European Central Bank, Frankfurt am Main, Germany

    This paper examines the importance of central bank communication in ensuring the effectiveness of monetary policy and in underpinning the credibility, accountability and legitimacy of independent central banks. It documents how communication has... mehr

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    This paper examines the importance of central bank communication in ensuring the effectiveness of monetary policy and in underpinning the credibility, accountability and legitimacy of independent central banks. It documents how communication has become a monetary policy tool in itself; one example of this being forward guidance, given its impact on inflation expectations, economic behaviour and inflation. The paper explains why and how consistent, clear and effective communication to expert and non-expert audiences is essential in an environment of an ever-increasing need by central banks to reach these audiences. Central banks must also meet the demand for more understandable information about policies and tools, while at the same time overcoming the challenge posed by the wider public’s rational inattention. Since the European Central Bank was established, the communications landscape has changed dramatically and continues to evolve. This paper outlines how better communication, including greater engagement with the wider public, could help boost people’s understanding of and trust in the Eurosystem.

     

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    Quelle: Staatsbibliothek zu Berlin
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9789289948289
    Weitere Identifier:
    hdl: 10419/246205
    Schriftenreihe: Occasional paper series / European Central Bank ; no 274 (September 2021)
    ECB strategy review
    Schlagworte: central bank; forward guidance; transparency; accountability; trust
    Umfang: 1 Online-Ressource (86 Seiten), Diagramme
  13. Institutions and opportunistic behavior
    experimental evidence
    Erschienen: 2-2021
    Verlag:  Chapman University, Economic Science Institute, [Orange, CA]

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    Schriftenreihe: ESI working papers ; 21, 05
    Schlagworte: institutions; trust; trustworthiness; voting; insurance
    Umfang: 1 Online-Ressource (circa 57 Seiten), Illustrationen
  14. Trustors' disregard for trustees deciding intuitively or reflectively
    three experiments on time constraints
    Erschienen: 5-2021
    Verlag:  Chapman University, Economic Science Institute, [Orange, CA]

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    Schriftenreihe: ESI working papers ; 21, 08
    Schlagworte: trust; trustworthiness; beliefs; reflection; dualprocess; intuition
    Umfang: 1 Online-Ressource (circa 61 Seiten), Illustrationen
  15. Honesty in the city
    Erschienen: February 22, 2021
    Verlag:  Department of Economics, University of Arizona, Tucson, AZ

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    Schriftenreihe: Economics working papers / Eller College of Management ; 21, 02
    Schlagworte: trust; honesty; reciprocity; field experiment; haggling; taxis
    Umfang: 1 Online-Ressource (circa 17 Seiten), Illustrationen
  16. The analysis of human feelings: a practical suggestion for a robustness test
    Erschienen: August 2021
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    Governments, multinational companies, and researchers today collect unprecedented amounts of data on human feelings. These data provide information on citizens' happiness, levels of customer satisfaction, employees' satisfaction, mental stress,... mehr

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    Governments, multinational companies, and researchers today collect unprecedented amounts of data on human feelings. These data provide information on citizens' happiness, levels of customer satisfaction, employees' satisfaction, mental stress, societal trust, and other important variables. Yet a key scientific difficulty tends to be downplayed, or even ignored, by many users of such information. Human feelings are not measured in objective cardinal units. This paper aims to address some of the ensuing empirical challenges. It suggests an analytical way to approach the scientific complications of ordinal data. The paper describes a dichotomous-around-the-median (DAM) test, which, crucially, uses information only on direction within an ordering and deliberately discards the potentially unreliable statistical information in ordered data. Applying the proposed DAM approach, the paper demonstrates that it is possible to check and replicate some of the key conclusions of previous research - including earlier work on the effects upon human well-being of higher income.

     

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    Weitere Identifier:
    hdl: 10419/245683
    Schriftenreihe: Discussion paper series / IZA ; no. 14632
    Schlagworte: ordinal scales; satisfaction; subjective well-being; happiness; trust; corruption; robustness
    Umfang: 1 Online-Ressource (circa 30 Seiten), Illustrationen
  17. The heritability of trust and trustworthiness depends on the measure of trust
    Erschienen: September 2021
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    Using a large sample of 1,120 twins, we estimated the heritability of trust using four distinct measures of trust - domain-specific political trust, general self-reported trust, and incentivized behavioral trust and trustworthiness. Our results... mehr

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    Using a large sample of 1,120 twins, we estimated the heritability of trust using four distinct measures of trust - domain-specific political trust, general self-reported trust, and incentivized behavioral trust and trustworthiness. Our results highlight the importance of measuring trust in a context because its heritability differs substantially across the four measures, from 0% to 37%. Moreover, we provide the first evidence on the heritability of political trust which we estimate to be 37%. Furthermore, like the heritability, the environmental correlates of trust also vary across the different measures with political trust having the largest set of environmental covariates. The perceptions of COVID-19 health and income risks are among the unique correlates of political trust, with participants who are more worried about financial and health consequences of COVID-19, trusting politicians less, stressing the importance of trust in political leaders during a health crisis.

     

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    hdl: 10419/245785
    Schriftenreihe: Discussion paper series / IZA ; no. 14734
    Schlagworte: trust; heritability; genetics; twin study
    Umfang: 1 Online-Ressource (circa 35 Seiten), Illustrationen
  18. Dominance and divergence: ethnic groups and preferences for redistribution in Southeast Asia
    Erschienen: [2021]
    Verlag:  [University of the Philippines School of Economics], [Diliman, Quezon City]

    Does identification with dominant ethnic groups lead individuals to diverge in their preferences for redistribution? This paper contributes to the comparative analysis of the role of ethnic background in shaping attitudes towards government's role in... mehr

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    Does identification with dominant ethnic groups lead individuals to diverge in their preferences for redistribution? This paper contributes to the comparative analysis of the role of ethnic background in shaping attitudes towards government's role in reducing income inequalities in Indonesia, Malaysia, Philippines, Singapore and Thailand, where nearly half-a­billion people live and belong to more than sixty ethnic groups. Using a pool of nationally­representative survey data from the five Southeast Asian countries, we first classified the respondents by population dominance of the ethnic groups they claim to belong, and then examine for differences across members of dominant ethnic groups in their preferences for government redistribution. Relative to the biggest ethnic group, the second biggest ethnic group is found to have less preference for redistribution, after controlling for other factors. No systematic differences in their redistributive preferences are found, however, between the biggest ethnic group and other smaller groups. The results are fairly robust even after accounting for the possible moderating effects of income status, trust in government and in people, subjective social mobility, concerns about social fairness, and views on the importance of fate in one's life. Moreover, the results hold out even in the sub-sample of low-income people for whom economic considerations more than ethnicity are expected to determine their redistributive preferences. Notwithstanding the importance of shared norms or beliefs in aligning he social choices of people with same ethnic or racial background, our results suggest their population sizes, which possibly reflect their relative influence over domestic policies, also matter.

     

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    hdl: 10419/266057
    Schriftenreihe: Discussion paper / UP School of Economics ; no. 2021, 03 (August 2021)
    Schlagworte: Redistribution; ethnic dominance; income inequality; social mobility; trust; Southeast Asia
    Umfang: 1 Online-Ressource (circa 42 Seiten), Illustrationen
  19. Diverse policy committees can reach underrepresented groups
    Erschienen: 17 September 2021
    Verlag:  Centre for Economic Policy Research, London

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    Schriftenreihe: Array ; DP16563
    Schlagworte: expectations; monetary policy; diversity; trust; Federal Reserve
    Umfang: 1 Online-Ressource (circa 87 Seiten), Illustrationen
  20. Not all data are created equal - data sharing and privacy
    Erschienen: [2021]
    Verlag:  De Nederlandsche Bank NV, Amsterdam, The Netherlands

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    Schriftenreihe: Working paper / De Nederlandsche Bank NV ; no. 728 (November 2021)
    Schlagworte: consumer data; data sharing; banks; BigTechs; insurers; webshops; trust; digital skills
    Umfang: 1 Online-Ressource (circa 36 Seiten), Illustrationen
  21. Has the COVID-19 pandemic affected public trust?
    evidence for the US and the Netherlands
    Erschienen: [2021]
    Verlag:  De Nederlandsche Bank NV, Amsterdam, The Netherlands

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    Schriftenreihe: Working paper / De Nederlandsche Bank NV ; no. 723 (August 2021)
    Schlagworte: trust; COVID-19; financial institutions; BigTechs; health; consumer survey
    Umfang: 1 Online-Ressource (circa 37 Seiten), Illustrationen
  22. Past exposure to macroeconomic shocks and populist attitudes in Europe
    Erschienen: November 2021
    Verlag:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    This paper explores the interplay between past exposure to macroeconomic shocks and populist attitudes. We document that individuals who experienced a macroeconomic shock during their impressionable years (between 18 and 25 years of age), are... mehr

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    This paper explores the interplay between past exposure to macroeconomic shocks and populist attitudes. We document that individuals who experienced a macroeconomic shock during their impressionable years (between 18 and 25 years of age), are currently more prone to voting for populist parties, and manifest lower trust both in national and European institutions. We use data from the European Social Survey (ESS) to construct the differential individual exposure to macroeconomic shocks during impressionable years. Our findings suggest that it is not only current exposure to shocks that matters (see e.g., Guiso et al. (2020)) but also past exposure to economic recessions, which has a persistent positive effect on the rise of populism. Interestingly, the interplay between the two, i.e., past and current exposure to economic shocks, has a mitigating effect on the rise of populism. Individuals who were exposed to economic shocks in the past are less likely to manifest populist attitudes when faced with a current crisis, as suggested by the experience-based learning literature.

     

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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/248996
    Schriftenreihe: CESifo working paper ; no. 9451 (2021)
    Schlagworte: macroeconomic shocks; trust; attitudes; populism
    Umfang: 1 Online-Ressource (circa 44 Seiten), Illustrationen
  23. A year of pandemic: levels, changes and validity of well-being data from Twitter
    evidence from ten countries
    Erschienen: November 2021
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    In this article, we describe how well-being changed during 2020 in ten countries, namely Australia, Belgium, France, Germany, Great Britain, Italy, Luxembourg, New Zealand, South Africa, and Spain. Our measure of well-being is the Gross National... mehr

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    DS 4
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    In this article, we describe how well-being changed during 2020 in ten countries, namely Australia, Belgium, France, Germany, Great Britain, Italy, Luxembourg, New Zealand, South Africa, and Spain. Our measure of well-being is the Gross National Happiness (GNH), a country-level index built applying sentiment analysis to data from Twitter. We aim to describe how GNH changed during the pandemic within countries, assess its validity as a measure of well-being, and analyse its correlations. We take advantage of a unique dataset of daily observations about GNH, generalised trust and trust in national institutions, fear concerning the economy, loneliness, infection rate, policy stringency and distancing. To assess the validity of the data sourced from Twitter, we exploit various survey data sources, such as the Eurobarometer and consumer satisfaction, and Big Data sources, such as Google Trends. Results indicate that sentiment analysis of tweets can provide reliable and timely information on well-being. This can be particularly useful to timely inform decision-making.

     

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    Weitere Identifier:
    hdl: 10419/250564
    Schriftenreihe: Discussion paper series / IZA ; no. 14903
    Schlagworte: happiness; COVID-19; Big Data; Twitter; Sentiment Analysis; well-being; public policy; trust; fear; loneliness
    Umfang: 1 Online-Ressource (circa 52 Seiten), Illustrationen
  24. Coronagraben
    culture and social distancing in times of COVID-19
    Erschienen: 2020
    Verlag:  United Nations, Geneva

    Max-Planck-Institut für ausländisches öffentliches Recht und Völkerrecht, Bibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Nicht speichern
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    Weitere Identifier:
    UNCTAD/SER.RP/2020/8
    Schriftenreihe: UNCTAD research paper ; No. 49
    Schlagworte: Coronavirus; Infektionsschutz; Kulturelle Identität; Soziale Beziehungen; Soziale Werte; Schweiz; COVID-19; Culture; Social distancing; trust; political attitudes
    Umfang: 1 Online-Ressource (24 Seiten)
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    Gesehen am 03.08.2020

  25. What triggers consumer adoption of Central Bank digital currency?
    Erschienen: April 30, 2021
    Verlag:  CentER, Center for Economic Research, Tilburg

    Central banks around the world are examining the possibility of introducing Central Bank Digital Currency (CBDC). The public’s preferences concerning the usage of CBDC for paying and saving are important determinants of the success of CBDC. Using... mehr

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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    Central banks around the world are examining the possibility of introducing Central Bank Digital Currency (CBDC). The public’s preferences concerning the usage of CBDC for paying and saving are important determinants of the success of CBDC. Using data from a representative panel of Dutch consumers we find that roughly half of the public would open a CBDC current account. The same holds for a CDBC savings account. Thus, we find clear potential for CBDC in the Netherlands. This suggests that consumers perceive CBDC as distinct from current and savings accounts offered by traditional banks. Intended adoption is positively related to respondents’ knowledge of CBDC and trust in banks and in the central bank. Price incentives matter as well. The amount respondents want to deposit in the CBDC savings account depends on the interest rate offered. Furthermore, intended usage of the CBDC current account is highest among people who find privacy and security important and among consumers with low trust in banks in general. These results suggest that central banks can steer consumers’ adoption of CBDC via the interest rate, by a design of CBDC that takes into account the public’s need for security and privacy, and by clear communication about what CBDC entails

     

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    Schriftenreihe: TILEC discussion paper ; DP 2021, 009
    Schlagworte: CBDC; consumers; public money; private money; bank accounts; trust; interest rates
    Umfang: 1 Online-Ressource (circa 32 Seiten), Illustrationen