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Full Description
The long-term sustainability of the euro and the Economic and Monetary Union (EMU) depends heavily on their ability to attract widespread public support. The support shown for the euro throughout its first two decades has helped to shield it against populist attempts at the national level to dismantle the common currency. It has granted political legitimacy to the presidents of the European Central Bank to do "whatever it takes" whenever a serious crisis has threatened the viability of the euro.
Public Support for the Euro is the second of two open-access volumes presenting a selection of the author's essays on Labor Productivity, Monetary Economics, and Political Economy. This second volume brings together eleven of the author's essays, selected with the aim of providing an overview of his research to date on public support for and the economics and political economy of the euro and EMU.
Contents
Chapter 1: Public Support for the Euro and Trust in the ECB: The first two decades of the common currency.- Chapter 2: Revisiting Public Support for the Euro, 1999-2017: Accounting for the crisis and the recovery.- Chapter 3: Public Support for the Euro.- Chapter 4: Crisis and Public Support for the Euro, 1990-2014.- Chapter 5: Political Economy of EMU: Rebuilding systemic trust in the Euro Area in times of crisis.- Chapter 6: Crisis and Citizens' Trust in the European Central Bank - Panel data evidence for the Euro Area, 1999-2012.- Chapter 7: Crisis and Public Support for the Euro.- Chapter 8: The Eurozone Crisis and Citizens' Shattered Systemic Trust.- Chapter 9: The Enduring Popularity of the Euro throughout the Crisis.- Chapter 10: Has the financial crisis shattered citizens' trust in national and European governmental institutions? Evidence from the EU member states, 1999-2010.- Chapter 11: The Effect of the Financial Crisis on Systemic Trust.
