Determinants of Trust in Institutions in Times of Crisis: Survey-based evidence from the European Union

Socrates Karidis, Konstantinos Drakos, Christos Kallandranis

Research output: Contribution to journalArticle

Abstract

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 programs while it is significantly strengthened following credit rating upgrades.
Original languageEnglish
Pages (from-to)(In-Press)
JournalJournal of Common Market Studies
Volume(In-Press)
Early online date17 Jun 2019
DOIs
Publication statusE-pub ahead of print - 17 Jun 2019

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Credit rating
European Union
Sociodemographic characteristics
Upgrade
Bailout
Macroeconomic indicators
Fiscal adjustment

Bibliographical note

2 year embargo set from publisher from when first published.

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Determinants of Trust in Institutions in Times of Crisis: Survey-based evidence from the European Union. / Karidis, Socrates; Drakos, Konstantinos; Kallandranis, Christos.

In: Journal of Common Market Studies, Vol. (In-Press), 17.06.2019, p. (In-Press).

Research output: Contribution to journalArticle

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