In the aftermath of the financial crisis trust, in the European Central Bank (ECB) has reached an historical low … total of 312 observations, this paper detects a structural break in citizens’ trust in the ECB. The paper confirms that … during the pre-crisis period, citizens’ trust in the ECB was driven by economic growth. In crisis time, however, trust in the …

In the aftermath of the financial crisis trust, in the European Central Bank (ECB) has reached an historical low … total of 312 observations, this paper detects a structural break in citizens' trust in the ECB. The paper confirms that … during the pre-crisis period, citizens' trust in the ECB was driven by economic growth. In crisis time, however, trust in the …

Trust in the ECB has fallen to unprecedented lows in the aftermath of the financial crisis. Up to the start of the … recession in 2008, trust levels in the ECB were moderately high and trust in the ECB was not affected by business cycle … variables such as growth and inflation. This changed radically with the recession, with trust in the ECB becoming correlated …