Lars Jonung
Professor emeritus
Crisis and Public Support for the Euro, 1999–2014
Författare
Summary, in English
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.
Avdelning/ar
- Nationalekonomiska institutionen
Publiceringsår
2022
Språk
Engelska
Sidor
55-91
Publikation/Tidskrift/Serie
Contributions to Economics
Volym
2
Dokumenttyp
Del av eller Kapitel i bok
Förlag
Springer Science and Business Media B.V.
Ämne
- Economics
Nyckelord
- Economic and Monetary Union (EMU)
- Euro area crisis
- Panel time series estimation
- Support for the euro
- Trust in the ECB
- Unemployment
Status
Published
ISBN/ISSN/Övrigt
- ISSN: 1431-1933
- ISSN: 2197-7178
- ISBN: 978-3-030-86026-4