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Maatschappelijke stemmingen als determinant van consumentenvertrouwen en politiek vertrouwen


  • S. Van de Walle
  • J. K. Kampen


This study compares evolutions in consumer confidence and political trust in 11 European countries from 1985 to 2003. Both indicators tend to show a remarkable convergence. Belgium is the only country where we did not at first find the expected relation, but the relation reappeared once a period of extremely low political trust (1997-1998) was excluded. Specific crises in the economic or political subsystem thus seem to undermine the relation between consumer confidence and political trust. Our results suggest that political trust indicators contain more than a mere evaluation of the political situation, and that consumer confidence is composed of more than just economic evaluations or expectations. We thus claim that both indicators should not be considered as reflections of their respective societal subsystems (economy/politics). Consumer confidence and political trust are both reflections of a social mood, what explains their convergence.

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  • S. Van de Walle & J. K. Kampen, 2004. "Maatschappelijke stemmingen als determinant van consumentenvertrouwen en politiek vertrouwen," Review of Business and Economic Literature, KU Leuven, Faculty of Economics and Business, Review of Business and Economic Literature, vol. 0(3), pages 481-494.
  • Handle: RePEc:ete:revbec:20040304

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    1. Bovenberg, A. Lans & Graafland, Johan J. & de Mooij, Ruud A., 2000. "Tax reform and the Dutch labor market: an applied general equilibrium approach," Journal of Public Economics, Elsevier, vol. 78(1-2), pages 193-214, October.
    2. Donders, Jan & Graafland, Johan, 1998. "CPB models and employment policy in the Netherlands," Economic Modelling, Elsevier, vol. 15(3), pages 341-356, July.
    3. Graafland, J.J. & Huizinga, F.H., 1998. "Taxes and benefits in a non-linear wage equation," MPRA Paper 21076, University Library of Munich, Germany.
    4. Draper, D.A.G., 2000. "Towards an econometric model for the Netherlands : Explaining unemployment," Other publications TiSEM 8d6f0572-d552-4ca2-9df3-6, Tilburg University, School of Economics and Management.
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