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Conflicting Incentives for Public Support for EMU

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  • Brigitte Granville
  • Dominik Nagly

Abstract

type="main"> We analyse how government policy can exert a positive influence on public attitudes towards the Economic and Monetary Union given the existing fiscal policy framework and thus increase the likelihood of survival of the Eurozone. Results from applying the Brender and Drazen (‘Consolidation of New Democracy, Mass Attitudes, and Clientelism’, The American Economic Review, Vol. 99, No. 2, pp. 304–309) political economy model indicate the extent of the difficulty of maintaining public support for the monetary union.

Suggested Citation

  • Brigitte Granville & Dominik Nagly, 2015. "Conflicting Incentives for Public Support for EMU," Manchester School, University of Manchester, vol. 83, pages 142-157, December.
    • Handle: RePEc:bla:manchs:v:83:y:2015:i::p:142-157
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