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

Konstantinos Drakos, Christos Kallandranis, Socrates Karidis

Research output: Contribution to journalArticle

4 Citations (Scopus)

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)1228-1246
Number of pages19
JournalJournal of Common Market Studies
Volume57
Issue number6
Early online date17 Jun 2019
DOIs
Publication statusPublished - 1 Nov 2019

Bibliographical note

This is the peer reviewed version of the following article: Drakos, K, Kallandranis, C & Karidis, S 2019, 'Determinants of Trust in Institutions in Times of Crisis: Survey-based evidence from the European Union' Journal of Common Market Studies, vol. 57, no. 6, pp. 1228-1246., which has been published in final form at https://onlinelibrary.wiley.com/doi/full/10.1111/jcms.12884. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving.

Keywords

  • European Central Bank
  • European Parliament
  • EU Commission
  • National Government
  • Trust
  • Survey
  • Probit Model

Fingerprint Dive into the research topics of 'Determinants of Trust in Institutions in Times of Crisis: Survey-based evidence from the European Union'. Together they form a unique fingerprint.

  • Cite this