Who Supports the ECB? Evidence from Eurobarometer Survey Data
AbstractThis paper contributes empirically to the long-debated issue of the legitimacy of the European Central Bank (ECB) with regard to European polities. Using micro-level data from the Eurobarometer survey, we shed light on the socio-demographic determinants of public-opinion support for the ECB. We find that people with higher level of education and income and centre to right-wing political orientation tend to support the ECB, as well as people with optimistic expectations on the economic situation. By contrast, the unemployed tend to distrust the ECB. The policy relevance of such results is important for ECB's communication strategy with the general public.
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Date of creation: 2012
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institutional trust ; Eurobarometer survey ; European Central Bank ; European (Monetary) Union ; quasi-panel logistic regression;
Other versions of this item:
- Etienne Farvaque & Muhammad Azmat Hayat & Alexander Mihailov, 2011. "Who Supports the ECB? Evidence from Eurobarometer Survey Data," Economics & Management Discussion Papers em-dp2011-04, Henley Business School, Reading University.
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
- F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
- H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
- Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Social and Economic Stratification
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