Knowledge and Attitude Towards European Monetary Union

14 Pages Posted: 10 Dec 1998  

Bernd Hayo

University of Marburg - School of Business & Economics

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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

Hayo, Bernd, Knowledge and Attitude Towards European Monetary Union. Available at SSRN: https://ssrn.com/abstract=139579 or http://dx.doi.org/10.2139/ssrn.139579

Bernd Hayo (Contact Author)

University of Marburg - School of Business & Economics ( email )

Universitaetsstr. 24
Marburg, D-35032
Germany
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