Crisis and Public Support for the Euro, 1990–2014

Felix Roth (), Lars Jonung () and Felicitas Nowak-Lehmann D.
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Felicitas Nowak-Lehmann D.: University of Göttingen
Authors registered in the RePEc Author Service: Felicitas Nowak-Lehmann D.

Chapter Chapter 4 in Public Support for the Euro, 2022, pp 55-91 from Springer

Abstract: 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.

Keywords: Support for the euro; Euro area crisis; Unemployment; Economic and Monetary Union (EMU); Trust in the ECB; Panel time series estimation (search for similar items in EconPapers)
Date: 2022
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Journal Article: Crisis and Public Support for the Euro, 1990–2014 (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-030-86024-0_4

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DOI: 10.1007/978-3-030-86024-0_4

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