EconPapers    
Economics at your fingertips  
 

The European Trust Crisis and the Rise of Populism

Yann Algan (), Sergei Guriev (), Elias Papaioannou () and Evgenia Passari ()

Sciences Po publications from Sciences Po

Abstract: We study the implications of the Great Recession for voting for antiestablishment parties, as well as for general trust and political attitudes, using regional data across Europe. We find a strong relationship between increases in unemployment and voting for nonmainstream parties, especially populist ones. Moreover, unemployment increases in tandem with declining trust toward national and European political institutions, though we find only weak or no effects of unemployment on interpersonal trust. The correlation between unemployment and attitudes toward immigrants is muted, especially for their cultural impact. To explore causality, we extract the component of increases in unemployment explained by the precrisis structure of the economy, in particular the share of construction in regional value added, which is strongly related both to the buildup preceding and the bursting of the crisis. Our results imply that crisis-driven economic insecurity is a substantial determinant of populism and political distrust.

Date: 2017
New Economics Papers: this item is included in nep-pke, nep-pol and nep-soc
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (17) Track citations by RSS feed

Published in Brookings Papers on Economic Activity, 2017, pp.309-400

Downloads: (external link)
https://spire.sciencespo.fr/hdl:/2441/2i9jel1usb85 ... rise-of-populism.pdf (application/pdf)

Related works:
Working Paper: The European Trust Crisis and the Rise of Populism (2018)
Journal Article: The European Trust Crisis and the Rise of Populism (2017) Downloads
Working Paper: The European Trust Crisis and the Rise of Populism (2017) Downloads
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:spo:wpmain:info:hdl:2441/2i9jel1usb85nr2j7tejsaldfu

Access Statistics for this paper

More papers in Sciences Po publications from Sciences Po Contact information at EDIRC.
Bibliographic data for series maintained by Spire @ Sciences Po Library ().

 
Page updated 2020-01-24
Handle: RePEc:spo:wpmain:info:hdl:2441/2i9jel1usb85nr2j7tejsaldfu