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dc.contributor.authorCABALLERO GONZALOen_GB
dc.contributor.authorALVAREZ DIAZ MARCOSen_GB
dc.date.accessioned2018-07-25T00:18:04Z-
dc.date.available2018-07-23en_GB
dc.date.available2018-07-25T00:18:04Z-
dc.date.created2018-07-04en_GB
dc.date.issued2018en_GB
dc.date.submitted2018-01-15en_GB
dc.identifier.citationPANOECONOMICUS vol. 65 no. 1 p. 21-36en_GB
dc.identifier.issn1452-595Xen_GB
dc.identifier.urihttp://www.doiserbia.nb.rs/img/doi/1452-595X/2018/1452-595X1600007C.pdfen_GB
dc.identifier.urihttp://publications.jrc.ec.europa.eu/repository/handle/JRC110584-
dc.description.abstractPolitical trust has been considered a necessary condition for good democratic and economic performance over time. The grave economic crisis that started in 2008, which is known as the Great Recession, has deteriorated the level of political trust in several countries. Some authors have shown that those countries with an increasing level of unemployment experienced a sharp decline in political trust. In particular, the political distrust in Spain has suffered a high increase since the Great Recession. This paper tests the procyclicality of political trust in Spain through the analysis and modeling of the relationship between political trust and business cycle in Spain over the period 1996-2015. The cross correlation analysis, the Granger causality test, and the autoregressive distributed lag (ARDL) bounds testing approach coherently conclude the procyclicality of political trust in Spain. The unemployment rate shows a negative and statistically significant influence on political trust four quarters later.en_GB
dc.description.sponsorshipJRC.I.1-Modelling, Indicators and Impact Evaluationen_GB
dc.format.mediumOnlineen_GB
dc.languageENGen_GB
dc.publisherSAVEZ EKONOMISTA VOJVODINEen_GB
dc.relation.ispartofseriesJRC110584en_GB
dc.titleThe Procyclicality of Political Trust in Spainen_GB
dc.typeArticles in periodicals and booksen_GB
dc.identifier.doi10.2298/PAN150804007Cen_GB
JRC Directorate:Joint Research Centre Corporate Activities

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