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The Dutch people and the euro: A structural equations analysis relating national identity and economic expectations to attitude towards the euro
Authors:Yvonne M van Everdingen  WFred van Raaij
Institution:Rotterdam School of Management, Erasmus University, P.O. Box 1738, 3000 DR Rotterdam, The Netherlands
Abstract:National identity, macro and micro economic expectations affect the attitude toward the euro. In a study in The Netherlands, data were collected and relationships between the latent concepts were modelled with LISREL. In the best fitting model, national identity has a direct and an indirect effect on attitude, respectively, an unstructured and a structured effect. The indirect effect is mediated by macro and micro expectations. Macro expectations also have a direct and an indirect effect. The indirect effect is mediated by micro expectations. On one hand, macro expectations form a strong link between national identity and attitude. On the other hand, macro expectations have a strong direct effect on attitudes. The euro is mainly perceived and evaluated in a macro-economic perspective.PsycINFO classification: 2229; 3920
Keywords:JEL classification: D84  E52
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