Knowledge and Attitude Towards European Monetary Union
14 Pages Posted: 10 Dec 1998
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Knowledge and Attitude Towards European Monetary Union
Knowledge and Attitude Towards European Monetary Union
Abstract
In this paper, the relationship between objective knowledge of EU and people's attitudes towards the proposed European Monetary Union (EMU) is analyzed. As a data base, survey data from Eurobarometer 39 (1993) has been employed. First it is displayed in a cross-country comparison, how the presented knowledge indicator varies between the original 12 EU-members. Then the bivariate relationship of the knowledge index with attitudes towards EMU is investigated. In a next step, the robustness of the positive correlation between objective knowledge and attitudes towards EMU is analyzed in a multivariate regression model. As a conclusion, it is argued that a higher level of EU knowledge could influence people's opinion towards further monetary integration positively.
JEL Classification: E40, F33
Suggested Citation: Suggested Citation