Determinants of Trust in Institutions in Times of Crisis: Survey-Based Evidence from the European Union

被引:18
|
作者
Drakos, Konstantinos [1 ]
Kallandranis, Christos [2 ]
Karidis, Socrates [3 ]
机构
[1] Athens Univ Econ & Business, Athens, Greece
[2] Regents Univ London, London, England
[3] Coventry Univ, London Campus, London, England
关键词
European Central Bank; European Parliament; EU Commission; national government; trust; Probit model; POLITICAL TRUST; CITIZENS TRUST; SUPPORT; IMPACT;
D O I
10.1111/jcms.12884
中图分类号
F [经济];
学科分类号
02 ;
摘要
We employ Eurobarometer micro-level data on trust in institutions, in order to explore its determinants, considering socio-demographic characteristics, and macroeconomic indicators. The main contribution of our analysis is the investigation of the potential impact of sovereign credit rating episodes and the adoption of bail-out programmes. We find that trust in institutions is substantially eroded in countries that experience downgrade episodes and participate in fiscal adjustment programmes while it is significantly strengthened following credit rating upgrades.
引用
收藏
页码:1228 / 1246
页数:19
相关论文
共 50 条