Researchers try to measure public trust in ECB

European Central Bank

A working paper published by the European Central Bank attempts to measure how much public trust it enjoys.

In Instinctive versus reflective trust in the European Central Bank, Siria Angino and Stefania Secola introduce two concepts. They define “instinctive trust” as “an on-the-spot judgement” on the ECB’s trustworthiness and “reflective trust” as “a more pondered opinion on the matter”.

The authors used the ECB’s annual “knowledge and attitude” survey of eurozone residents. This asks various

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