The Enduring Popularity of the Euro throughout the Crisis

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Hauptverfasser: Roth, Felix (VerfasserIn), Jonung, Lars 1944- (VerfasserIn), Nowak-Lehmann D., Felicitas 1960- (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Brussels [Belgium] CEPS Centre for European Policy Studies 2011
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Online-Zugang:DE-12
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500 |a This paper analyses the evolution of public support for the euro from 1990 to 2011, using a popularity function approach, focusing on the most recent period of the financial and sovereign debt crisis. Exploring a huge database of close to half a million observations covering the 12 original euro area member countries, we find that the ongoing crisis has only marginally reduced citizens' support for the euro - at least so far. This result is in stark contrast to the sharp fall in public trust in the European Central Bank. We conclude that the crisis has hardly dented popular support for the euro while the central bank supplying the single currency has lost sharply in public trust. Thus, the euro appears to have established acredibility of its own - separate from the institutional framework behind the euro 
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Datensatz im Suchindex

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author Roth, Felix
Jonung, Lars 1944-
Nowak-Lehmann D., Felicitas 1960-
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Jonung, Lars 1944-
Nowak-Lehmann D., Felicitas 1960-
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spelling Roth, Felix Verfasser aut
The Enduring Popularity of the Euro throughout the Crisis
Brussels [Belgium] CEPS Centre for European Policy Studies 2011
Frankfurt M. CEEOL 2011
1 Online-Ressource (1 p. 17)
txt rdacontent
c rdamedia
cr rdacarrier
This paper analyses the evolution of public support for the euro from 1990 to 2011, using a popularity function approach, focusing on the most recent period of the financial and sovereign debt crisis. Exploring a huge database of close to half a million observations covering the 12 original euro area member countries, we find that the ongoing crisis has only marginally reduced citizens' support for the euro - at least so far. This result is in stark contrast to the sharp fall in public trust in the European Central Bank. We conclude that the crisis has hardly dented popular support for the euro while the central bank supplying the single currency has lost sharply in public trust. Thus, the euro appears to have established acredibility of its own - separate from the institutional framework behind the euro
Supranational / Global Economy
Governance
Economic history
Economic policy
Transformation Period (1990 - 2010)
Financial Markets
Jonung, Lars 1944- Verfasser (DE-588)128921048 aut
Nowak-Lehmann D., Felicitas 1960- Verfasser (DE-588)123123615 aut
Central and Eastern European Online Library Sonstige oth
spellingShingle Roth, Felix
Jonung, Lars 1944-
Nowak-Lehmann D., Felicitas 1960-
The Enduring Popularity of the Euro throughout the Crisis
Supranational / Global Economy
Governance
Economic history
Economic policy
Transformation Period (1990 - 2010)
Financial Markets
title The Enduring Popularity of the Euro throughout the Crisis
title_auth The Enduring Popularity of the Euro throughout the Crisis
title_exact_search The Enduring Popularity of the Euro throughout the Crisis
title_full The Enduring Popularity of the Euro throughout the Crisis
title_fullStr The Enduring Popularity of the Euro throughout the Crisis
title_full_unstemmed The Enduring Popularity of the Euro throughout the Crisis
title_short The Enduring Popularity of the Euro throughout the Crisis
title_sort the enduring popularity of the euro throughout the crisis
topic Supranational / Global Economy
Governance
Economic history
Economic policy
Transformation Period (1990 - 2010)
Financial Markets
topic_facet Supranational / Global Economy
Governance
Economic history
Economic policy
Transformation Period (1990 - 2010)
Financial Markets
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