Crisis and Public Support for the Euro, 1999–2014
(2022) In Contributions to Economics 2. p.55-91- Abstract
This contribution analyses the evolution of public support for the single European currency, the euro, from 1990 to 2014 for a 12-country sample of the euro area (EA-12), focusing on the most recent period of the financial and sovereign debt crisis, starting in 2008. We find that citizens’ support for the euro on average was marginally reduced during the first six years of the crisis, and that support has remained at high levels. While the pronounced increase in unemployment in the EA-12 throughout the crisis has led to a marked decline in trust in the European Central Bank (ECB), it is only weakly related to support for the euro.
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https://lup.lub.lu.se/record/3a1b4144-8471-4462-8937-a50c8d70a148
- author
- Roth, Felix ; Jonung, Lars LU and Nowak-Lehmann D, Felicitas
- organization
- publishing date
- 2022
- type
- Chapter in Book/Report/Conference proceeding
- publication status
- published
- subject
- keywords
- Economic and Monetary Union (EMU), Euro area crisis, Panel time series estimation, Support for the euro, Trust in the ECB, Unemployment
- host publication
- Public Support for the Euro : Essays on Labor Productivity, Monetary Economics, and Political Economy - Essays on Labor Productivity, Monetary Economics, and Political Economy
- series title
- Contributions to Economics
- volume
- 2
- pages
- 37 pages
- publisher
- Springer Science and Business Media B.V.
- external identifiers
-
- scopus:85126780449
- ISSN
- 2197-7178
- 1431-1933
- ISBN
- 978-3-030-86026-4
- DOI
- 10.1007/978-3-030-86024-0_4
- language
- English
- LU publication?
- yes
- id
- 3a1b4144-8471-4462-8937-a50c8d70a148
- date added to LUP
- 2022-04-20 15:29:06
- date last changed
- 2024-04-08 01:21:15
@inbook{3a1b4144-8471-4462-8937-a50c8d70a148, abstract = {{<p>This contribution analyses the evolution of public support for the single European currency, the euro, from 1990 to 2014 for a 12-country sample of the euro area (EA-12), focusing on the most recent period of the financial and sovereign debt crisis, starting in 2008. We find that citizens’ support for the euro on average was marginally reduced during the first six years of the crisis, and that support has remained at high levels. While the pronounced increase in unemployment in the EA-12 throughout the crisis has led to a marked decline in trust in the European Central Bank (ECB), it is only weakly related to support for the euro.</p>}}, author = {{Roth, Felix and Jonung, Lars and Nowak-Lehmann D, Felicitas}}, booktitle = {{Public Support for the Euro : Essays on Labor Productivity, Monetary Economics, and Political Economy}}, isbn = {{978-3-030-86026-4}}, issn = {{2197-7178}}, keywords = {{Economic and Monetary Union (EMU); Euro area crisis; Panel time series estimation; Support for the euro; Trust in the ECB; Unemployment}}, language = {{eng}}, pages = {{55--91}}, publisher = {{Springer Science and Business Media B.V.}}, series = {{Contributions to Economics}}, title = {{Crisis and Public Support for the Euro, 1999–2014}}, url = {{http://dx.doi.org/10.1007/978-3-030-86024-0_4}}, doi = {{10.1007/978-3-030-86024-0_4}}, volume = {{2}}, year = {{2022}}, }