Trust in the ECB: Drivers and consequences

Nils Brouwer and Jakob de Haan

European Journal of Political Economy, 2022, vol. 74, issue C

Abstract: We use a survey among Dutch households to analyze trust in the European Central Bank (ECB). Our results confirm a positive association between respondents’ right-wing ideology, knowledge of the ECB, and trust in other European institutions on the one hand and trust in the ECB on the other. A novel result is that we also find that individuals who were clients of a bank that received government support during the global financial crisis trust the ECB more. Furthermore, our results suggest that inflation expectations of respondents who trust the ECB are more in line with the ECB’s inflation target.

Keywords: Central bank; ECB; General public; Trust (search for similar items in EconPapers)
JEL-codes: D12 D84 E52 E58 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (27)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:poleco:v:74:y:2022:i:c:s0176268022000660

DOI: 10.1016/j.ejpoleco.2022.102262

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