This research looks at both on understanding the necessary reforms to institutions, laws and regulations needed to ensure that those who work within the financial sector become, once again, more tightly bound by professional standards of behaviour. The project has produced a book: Capital Failure: Rebuilding Trust in Financial Services edited by Nicholas Morris and David Vines, Oxford University Press.
Project Leader / Primary Investigator
Prof. John Armour, Prof. David Vines
Recent Publications
Dec 2023
Dec 2019
Restoring Trust in Finance: From Principal–Agent to Principled Agent
in Economic Record
Gordon Menzies , Donald Hay , Thomas Simpson , David Vines
in Economic Record
Gordon Menzies , Donald Hay , Thomas Simpson , David Vines
Nov 2018
Restoring trustworthiness in the financial system: Norms, behaviour and governance
in Journal of the British Academy
Aisling Crean , Natalie Gold , David Vines , Annie Williamson
in Journal of the British Academy
Aisling Crean , Natalie Gold , David Vines , Annie Williamson
Jan 2018
The financial system and the natural real interest rate: towards a ‘new benchmark theory model’
in Oxford Review of Economic Policy
David Vines , Samuel Wills
in Oxford Review of Economic Policy
David Vines , Samuel Wills
Mar 2017
Jun 2015
Nov 2014
Aug 2014
Aug 2014
Aug 2014
How changes to the financial services industry eroded trust
Sue Jaffer , Nicholas Morris , Edward Sawbridge , David Vines
Sue Jaffer , Nicholas Morris , Edward Sawbridge , David Vines
Jun 2011