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.

This book is open access, which means that you have free and unlimited access Analyses the determinants of public support for the EMU and the Euro Uses up-to-date macro and micro econometric techniques on uniquely large Eurobarometer-databases Provides an overview of the author's research to date on the economics and political economy of the euro and EMU

Autorentext
PD Dr. Felix Roth is a Senior Research Fellow and Senior Lecturer with the Chair for International Economics in the Department of Economics at the University of Hamburg. In June 2020, he successfully completed his German Habilitation in economics on the topic of Intangible Capital and Labour Productivity Growth and Determinants of Public Support for the Euro. Prior to his appointment at the University of Hamburg, he worked six years as a Research Fellow in the macroeconomic policy unit and as editor of the journal Intereconomics at the Centre for European Policy Studies (CEPS) in Brussels. In addition to his ongoing research association with the department of economics at the University of Göttingen, he worked as a Research Fellow, Scientific Expert, and Economic Policy Advisor for the European Commission in Brussels for over three years.

Inhalt

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.