A Note on Trust in the ECB in the Era of Sovereign Debt Crisis

Konstantinos Drakos; Christos Kallandranis; Socrates Karidis

doi:10.1080/13504851.2017.1324196

A Note on Trust in the ECB in the Era of Sovereign Debt Crisis

Konstantinos Drakos
, Christos Kallandranis
, Socrates Karidis

Athens University of Economics and Business
Regent's Business School London

Research output: Contribution to journal › Article › peer-review

6 Citations (Scopus)

Abstract

We employ Eurobarometer data on trust in the ECB, exploring whether trust is affected by sovereign credit rating episodes and the participation in economic adjustment programmes (EAPs) (bailout schemes). Controlling for several sociodemographic factors and macroeconomic conditions, we document a substantial negative impact on trust in ECB for countries experiencing downgrade episodes and participating in EAPs.

Original language	English
Pages (from-to)	366-368
Number of pages	3
Journal	Applied Economics Letters
Volume	25
Issue number	6
Early online date	3 May 2017
DOIs	https://doi.org/10.1080/13504851.2017.1324196
Publication status	Published - 2018

Keywords

ECB
Probit
Trust

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10.1080/13504851.2017.1324196

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title = "A Note on Trust in the ECB in the Era of Sovereign Debt Crisis",

abstract = "We employ Eurobarometer data on trust in the ECB, exploring whether trust is affected by sovereign credit rating episodes and the participation in economic adjustment programmes (EAPs) (bailout schemes). Controlling for several sociodemographic factors and macroeconomic conditions, we document a substantial negative impact on trust in ECB for countries experiencing downgrade episodes and participating in EAPs.",

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AU - Drakos, Konstantinos

AU - Kallandranis, Christos

AU - Karidis, Socrates

PY - 2018

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N2 - We employ Eurobarometer data on trust in the ECB, exploring whether trust is affected by sovereign credit rating episodes and the participation in economic adjustment programmes (EAPs) (bailout schemes). Controlling for several sociodemographic factors and macroeconomic conditions, we document a substantial negative impact on trust in ECB for countries experiencing downgrade episodes and participating in EAPs.

AB - We employ Eurobarometer data on trust in the ECB, exploring whether trust is affected by sovereign credit rating episodes and the participation in economic adjustment programmes (EAPs) (bailout schemes). Controlling for several sociodemographic factors and macroeconomic conditions, we document a substantial negative impact on trust in ECB for countries experiencing downgrade episodes and participating in EAPs.

KW - ECB

KW - Probit

KW - Trust

U2 - 10.1080/13504851.2017.1324196

DO - 10.1080/13504851.2017.1324196

M3 - Article

SN - 1350-4851

VL - 25

SP - 366

EP - 368

JO - Applied Economics Letters

JF - Applied Economics Letters

IS - 6

ER -

A Note on Trust in the ECB in the Era of Sovereign Debt Crisis

Abstract

Keywords

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