TRUST IN BANKS: A MULTI-LEVEL ANALYSIS

2023-1-06
Öztürk, Yasemin
Show full item record
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
2587
views
176
downloads
Trust is required for a healthy and well-functioning financial system. However, limited evidence is present on what affects confidence towards the banks. Utilizing a sample drawn from the latest waves of World Value Survey (WVS), this thesis constructs multilevel- logit models to account for factors at both the micro and macro level of individuals. The findings confirm the nested structure of trust in banks. The findings of this study show that the majority of socio-economic characteristics of individuals explain trust in banks. Economic values of individuals are also found to be significant correlates of trust. It is also confirmed that individuals who trust others are more likely to trust in banks. In line with previous studies, findings of this thesis point out that country-level factors do not matter for trust. Considering the importance of trust in financial development and economic stability, this thesis offers valuable insights for policymakers on how trust of individuals responds to several factors on both micro and macro levels.
Trust, Banks, Financial institutions, World Value Survey, Multilevel Analysis, Logit
https://hdl.handle.net/11511/101961
Graduate School of Applied Mathematics, Thesis

Suggestions

Trust Modeling in Recommendation
Demirci, Mehmet Utku; Karagöz, Pınar (2021-12-09)
In social networks, trust is a fundamental notion aecting the na-ture and the strength of ties between individuals. It is also a pieceof useful auxiliary information for improving the performance ofrecommendation systems. The number of ratings given by a user isminimal compared to all items in popular, widely-used e-commercesites. Therefore, the user-item matrix that is used in collaborativeltering suers from data sparsity, resulting in poor recommenda-tion quality. Another issue is the cold start proble...
Antecedents and effects of trust in forecasting advice
Goodwin, Paul; Gönül, Mustafa Sinan; ÖNKAL, DİLEK (2013-04-01)
Forecasting support systems (FSSs) have little value if users distrust the information and advice that they offer. Two experiments were used to investigate: (i) factors that influence the levels of users' stated trust in advice provided by an FSS, when this advice is provided in the form of interval forecasts, (ii) the extent to which stated trust is associated with users' modifications of the provided forecasts, and (iii) the consequences of these modifications for the calibration of the interval forecasts...
Credit Risk Market and the Recent Loan Profile in the Turkish Banking Sector
Özdemir, Özlem (2009-05-01)
Very little research has been done on the financial stability implications of credit risk transfer markets. In particular there is a paucity of work considering the interactions between the various credit risk transfer markets or instruments. Regarding credit derivatives, the small number of existing studies can be explained by a lack of quantitative data and by the brief history of the market" (Kiff et al., 2002, page 2). This paper tries to explain the development of credit risk transfer instruments and h...
Efficient simulation and modelling of counterparty credit risk
Hekimoğlu, Alper Ali; Uğur, Ömür; Kestel, Sevtap Ayşe; Department of Financial Mathematics (2018)
After 2008-2009 crisis, measurement of Counterparty Credit risk has become an essential part of Basel-III regulations. The measurement involves a complex calculation, simulation and scenario generation process which involve a heavy computational cost. Moreover, the counterparty default calculation is an important part depending on scenario generation and state of the economy, state of the counterparty, liquidity as well as the bank itself. In this thesis we develop flexible structural credit risk models and...
Statistical methods in credit rating
Sezgin, Özge; Yıldırak, Şahap Kasırga; Department of Financial Mathematics (2006)
Credit risk is one of the major risks banks and financial institutions are faced with. With the New Basel Capital Accord, banks and financial institutions have the opportunity to improve their risk management process by using Internal Rating Based (IRB) approach. In this thesis, we focused on the internal credit rating process. First, a short overview of credit scoring techniques and validation techniques was given. By using real data set obtained from a Turkish bank about manufacturing firms, default predi...
Citation Formats
Y. Öztürk, “TRUST IN BANKS: A MULTI-LEVEL ANALYSIS,” M.S. - Master of Science, Middle East Technical University, 2023.
METU IIS - Integrated Information Service open@metu.edu.tr