The Enduring Popularity of the Euro throughout the Crisis
| العنوان: | The Enduring Popularity of the Euro throughout the Crisis |
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| المؤلفون: | Roth, Felix, Jonung, Lars, Nowak-Lehmann D, Felicitas |
| المصدر: | Public Support for the Euro : Essays on Labor Productivity, Monetary Economics, and Political Economy, - Essays on Labor Productivity, Monetary Economics, and Political Economy. 2:169-185 |
| مصطلحات موضوعية: | ECB, Euro, Euro area, Financial and sovereign debt crisis, Monetary Union, Public support, Trust, Samhällsvetenskap, Ekonomi och näringsliv, Nationalekonomi, Social Sciences, Economics and Business, Economics |
| الوصف: | This paper analyses the evolution of public support for the euro from 1990 to 2011, using a popularity function approach, focusing on the most recent period of the financial and sovereign debt crisis. Exploring a huge database of close to half a million observations, covering the 12 original euro area member countries, we find that the ongoing crisis has only marginally reduced citizens’ support for the euro – at least so far. This result is in stark contrast to the sharp fall in public trust in the European Central Bank. We conclude that the crisis has hardly dented popular support for the euro while the central bank supplying the single currency has lost ground in public trust. Thus, the euro appears to have established a credibility of its own – separate from the institutional framework behind the currency. |
| URL الوصول: | https://lup.lub.lu.se/record/cf8f5772-fd2a-4277-a6b4-dd8e036f22a9 http://dx.doi.org/10.1007/978-3-030-86024-0_9 |
| قاعدة البيانات: | SwePub |
| تدمد: | 21977178 14311933 |
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| DOI: | 10.1007/978-3-030-86024-0_9 |