Economics at your fingertips  

Trust in national institutions and macroeconomic conditions

Giorgio Liotti () and Marco Musella

STUDI ECONOMICI, 2015, vol. 2015/115, issue 115, 100-116

Abstract: One of most important effects of the recent economic crisis has been the decline of citizens’trust in political institutions. This effect was due to the inability of national governments and Parliaments to counteract the consequences of the reces sion. The lack of trust in institutions involves costs that cannot be underestimated. Therefore, for this reason, it is very important to study the relationship between changes in macroeconomic conditions and changes in the level of citizens’appreciation in national institutions. The aim of the paper is to analyse as changes in macroeconomic conditions (in particular, changes in inflation, unemployment and income inequality) have affected the level of citizens’trust in national institutions of European countries in the period 2001-20013. Using panel data method, empirical results show that the increases in unemployment and income inequality contribute to reduce the level of trust in national institutions while, as regards inflation, the results are ambiguous.

JEL-codes: E02 E31 E63 D63 C23 (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link) ... 031&Tipo=ArticoloPDF (text/html)
Single articles can be downloaded buying download credits, for info:

Related works:
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:

Ordering information: This journal article can be ordered from
http://www.francoang ... ti.aspx?startCode=DC

Access Statistics for this article

STUDI ECONOMICI is currently edited by FrancoAngeli

More articles in STUDI ECONOMICI from FrancoAngeli Editore
Bibliographic data for series maintained by Angelo Ventriglia ().

Page updated 2020-10-12
Handle: RePEc:fan:steste:v:html10.3280/ste2015-115004