Conflicting Incentives for Public Support for EMU

16 Pages Posted: 25 Aug 2015

See all articles by Brigitte Granville

Brigitte Granville

Queen Mary, University of London

Dominik Nagly

Queen Mary, University of London

Date Written: December 2015

Abstract

We analyse how government policy can exert a positive influence on public attitudes towards the Economic and Monetary Union given the existing fiscal policy framework and thus increase the likelihood of survival of the Eurozone. Results from applying the Brender and Drazen (‘Consolidation of New Democracy, Mass Attitudes, and Clientelism’, The American Economic Review, Vol. 99, No. 2, pp. 304–309) political economy model indicate the extent of the difficulty of maintaining public support for the monetary union.

Suggested Citation

Granville, Brigitte Evelyne and Nagly, Dominik, Conflicting Incentives for Public Support for EMU (December 2015). The Manchester School, Vol. 83, pp. 142-157, 2015, Available at SSRN: https://ssrn.com/abstract=2650179 or http://dx.doi.org/10.1111/manc.12108

Brigitte Evelyne Granville (Contact Author)

Queen Mary, University of London ( email )

Mile End Road
London, London E1 4NS
United Kingdom

Dominik Nagly

Queen Mary, University of London ( email )

Mile End Road
London, London E1 4NS
United Kingdom

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