Revisiting Public Support for the Euro, 1999–2017: Accounting for the Crisis and the Recovery

Felix Roth (), Edgar Baake, Lars Jonung () and Felicitas Nowak‐Lehmann D.
Authors registered in the RePEc Author Service: Felicitas Nowak-Lehmann D.

Journal of Common Market Studies, 2019, vol. 57, issue 6, 1262-1273

Abstract: This article explores the evolution and determinants of public support for the euro since its creation in 1999 until the end of 2017, thereby covering the pre‐crisis experience of the euro, the crisis years and the recent recovery. Using uniquely large macro and micro databases and applying up‐to‐date econometric techniques, the authors revisit the growing literature on public support for the euro. First, we find that a majority of citizens support the euro in nearly all 19 euro area member states. Second, we offer fresh evidence that economic factors are important determinants of change in the level of support for the euro: crisis reduces support while periods of recovery from unemployment bode well for public support. This result holds for both macroeconomic and microeconomic factors. Turning to a broad set of socioeconomic variables, we find clear differences in support due to education and perceptions of economic status.

Date: 2019
References: Add references at CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
https://doi.org/10.1111/jcms.12892

Related works:
Chapter: Revisiting Public Support for the Euro, 1999–2017: Accounting for the Crisis and the Recovery (2022)
Working Paper: Revisiting Public Support for the Euro, 1999-2017: Accounting for the Crisis and the Recovery (2018)
Working Paper: Revisiting public support for the euro, 1999-2017: Accounting for the crisis and the recovery (2018)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:jcmkts:v:57:y:2019:i:6:p:1262-1273

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0021-9886

Access Statistics for this article

Journal of Common Market Studies is currently edited by Jim Rollo and Daniel Wincott

More articles in Journal of Common Market Studies from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().