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Inflation and Public Support for the Euro

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  • Roth, Felix

Abstract

The paper finds that the post-pandemic inflation surge and subsequent decline from 2021 to 2024 had no significant impact on public support for the Euro for the EA-19 and for most individual member states of the EA-19. From 2021 to 2024, net public support for the euro remained remarkably stable and reached historically high values across the EA-19. Perceptions of inflation in the national and personal economic situation had no significant effect on public support for the euro during the post-pandemic inflation surge and subsequent decline from 2021 to 2023. These findings contrast with those for the before-crisis and crisis periods, in which inflation and inflation perceptions had a significant negative impact on public support for the euro. Similar to public support for the euro, trust in the institutions that govern the Euro was also not affected by the post-pandemic inflation surge.

Suggested Citation

  • Roth, Felix, 2026. "Inflation and Public Support for the Euro," Hamburg Discussion Papers in International Economics 21, University of Hamburg, Department of Economics.
    • Handle: RePEc:zbw:uhhhdp:21
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    References listed on IDEAS

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    Keywords

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    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Systems; Standards; Regimes; Government and the Monetary System
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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