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Revisiting Public Support for the Euro, 1999–2017

Accounting for the Crisis and the Recovery

Bibliographic Data

ID7876450
AuthorsFelix Roth (0000-0003-4190-9176, University of Hamburg Hamburg, corresponding author), Edgar Baake (University of Hamburg Hamburg), Lars Jonung (Lund University Lund), Felicitas Nowak‐Lehmann D (University of Göttingen Göttingen)
Year2019
Volume57
Issue6
Pages1262-1273
Publication date2019-11-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJCMS Journal of Common Market Studies (JOURNAL)
Journal identifiersISSN: 0021-9886 • E-ISSN: 1468-5965
PublisherWiley (PUBLISHER • GB)
DOI10.1111/jcms.12892
OpenAlexW2801079006
LanguageEN
Citations received4
References cited12

This article explores the evolution and determinants of public support for the euro since its creation in 1999 until the end of 2017, thereby covering the pre‐crisis experience of the euro, the crisis years and the recent recovery. Using uniquely large macro and micro databases and applying up‐to‐date econometric techniques, the authors revisit the growing literature on public support for the euro. First, we find that a majority of citizens support the euro in nearly all 19 euro area member states. Second, we offer fresh evidence that economic factors are important determinants of change in the level of support for the euro: crisis reduces support while periods of recovery from unemployment bode well for public support. This result holds for both macroeconomic and microeconomic factors. Turning to a broad set of socioeconomic variables, we find clear differences in support due to education and perceptions of economic status

Economic recovery · Economics · Financial crisis · Macroeconomics · Perception · Public economics · Public support · Socioeconomic status · Sociology · Unemployment · Fiscal Policies and Political Economy · Political Influence and Corporate Strategies · Psychology · Social Policy and Reform Studies

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Unique citing works4
Citations per year0,67
Citation span2020 - 2025 (6)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 4

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