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Trust in the ECB during the pandemic

From voxeu.org

Trust in central banks is relevant. Especially in turbulent times like the current Covid-19 crisis, it is important yet challenging to maintain trust (Gros and Roth 2009). However, little is known about trust in the ECB during the pandemic. We use a new rich monthly dataset to fill this gap. Central bankers recognise the importance of trust in their institutions. In the speech on the importance of trust for the ECB’s monetary policy, Isabel Schnabel said that “[t]he trust of citizens in the ECB and public support for the euro are essential for the effectiveness of our monetary policy and the independence of the ... (full story)

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  • Category: Fundamental Analysis