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With the help of this theoretical approach, to which I add some ideas by Walter Bagehot, I explore the financial crisis of — in the USA, how confidence was lost during the fall of in connection with the bankruptcy of Lehman Brothers, and especially how it was then restored in the spring of I conclude that the processes of loosing and restoring confidence differ.

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Sign In or Create an Account. Sign In. Advanced Search. Search Menu. Article Navigation. Close mobile search navigation Article Navigation. Volume Article Contents Abstract. A theory of confidence and its role in financial crises. How confidence was lost in the US financial crisis.

How confidence was restored in the US financial crisis. Concluding remarks and discussion. The financial crisis in the US — losing and restoring confidence. Department of Sociology. Oxford Academic. Google Scholar. Select Format Select format.

Permissions Icon Permissions. The width of the Gaussian is in general not identical to the oscillator length of the underlying single-particle basis. The quality of the separation can be verified by a simple procedure. Hagen 1 , T. Papenbrock 2,1 , and D.

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