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https://nbn-resolving.org/urn:nbn:de:0168-ssoar-97812-6

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COVID-19 and public support for the Euro

[Zeitschriftenartikel]

Roth, Felix
Jonung, Lars
Most, Aisada

Abstract

The COVID-19 pandemic had disastrous effects on health and economic activity worldwide, including in the Euro Area. The application of mandatory lockdowns contributed to a sharp fall in production and a rise in unemployment, inducing an expansionary fiscal and monetary response. Using a uniquely lar... mehr

The COVID-19 pandemic had disastrous effects on health and economic activity worldwide, including in the Euro Area. The application of mandatory lockdowns contributed to a sharp fall in production and a rise in unemployment, inducing an expansionary fiscal and monetary response. Using a uniquely large macro database, this paper examines the effects of the pandemic and the ensuing economic policies on public support for the common currency, the euro, as measured by the Eurobarometer survey. It finds that public support for the euro increased in a majority of the 19 Euro Area member states and reached historically high levels in the midst of the pandemic. This finding suggests that the expansionary fiscal policies initiated at the EU level significantly contributed to this outcome, while the monetary measures taken by the European Central Bank did not have a similar effect.... weniger

Thesaurusschlagwörter
Eurozone; Geldpolitik; Fiskalismus; Epidemie; Arbeitslosigkeit; Rezession; Produktion; Europäische Zentralbank; Eurobarometer; Währungspolitik

Klassifikation
Öffentliche Finanzen und Finanzwissenschaft
Wirtschaftspolitik

Freie Schlagwörter
Corona; COVID-19; Coronavirus; support for the euro; ECB; EMU; Eurobarometer 51-97

Sprache Dokument
Englisch

Publikationsjahr
2024

Seitenangabe
S. 61-86

Zeitschriftentitel
Empirica, 51 (2024)

DOI
https://doi.org/10.1007/s10663-023-09596-7

ISSN
1573-6911

Status
Veröffentlichungsversion; begutachtet (peer reviewed)

Lizenz
Creative Commons - Namensnennung 4.0


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© 2007 - 2025 Social Science Open Access Repository (SSOAR).
Based on DSpace, Copyright (c) 2002-2022, DuraSpace. All rights reserved.