Dear Colleague,

We cordially invite you to the wiiw-FIW-Seminar in International Economics on

Tuesday, 6 December, 4:00 pm
wiiw, Rahlgasse 3, 1060 Vienna, lecture hall (entrance from the ground floor)

Trust in national governments in CESEE countries:
Does income distribution have an impact?

Mariya Hake (with Christian Alexander Belabed)
Oesterreichische Nationalbank OeNB

Abstract
Using data from the OeNB Euro Survey, this paper sheds light on the determinants of trust in national governments in ten Central, Eastern and Southeastern Europe (CESEE) countries in the period 2009-2015. Using a unique data set that allows us to construct a measure of income inequality at the regional level, this study is one of the first to focus on the impact of regional income inequality on trust in public institutions for most of the countries in our sample. By applying multilevel modelling to account for the hierarchical structure of the data, our main findings indicate that while trust in national institutions increases with relative income, it overall declines with the increase of regional inequality. This result is valid across different specifications tested and despite the slight decrease of income inequality over the period as shown by the regional Gini index. In addition, our analysis shows that institutional trust in the CESEE countries tends to be pro-cyclical, while households in the EU countries in our sample react less negatively to higher income inequality.

Keywords: Institutional trust, income inequality, CESEE countries, multilevel models
JEL Codes: D33, D63, E25, P36

We kindly ask you to register for the event. Participation is free of charge.

This seminar series is an activity in the framework of FIW ('Forschungsschwerpunkt Internationale Wirtschaft'), which is a project designed to build a center of excellence in research on International Economics, funded by the Austrian Ministry of Science, Research and Economy (BMWFW).

The seminar programme is regularly updated. Please visit the wiiw or FIW website for the current version of the programme. Papers and presentation slides, as far as available, are posted on our webpage after the respective seminars.
 

Best regards,
Julia Grübler
Organizer

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Michaela Bönisch

Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw)
The Vienna Institute for International Economic Studies
Rahlgasse 3, A-1060 Wien

T: +43 1 533 66 10 - 40
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