ABSTRACT
A common approach to the study of Economic and Monetary Union (EMU) is to use the distributional consequences of EMU to account for the pattern of political conflict over EMU. This chapter examines empirically whether this approach explained variations in voters' support for EMU in the 1990s. Using Eurobarometer data from 1993-94, this chapter analyzes whether individual-level support for EMU was consistent with several common theoretical claims about the distributional effects of EMU. The results indicate that citizens adopted attitudes toward EMU that were consistent with their economic interests related to exchange-rate stability, enhanced capital mobility, and low inflation. But, surprisingly, the economic implications of the convergence criteria did not appear to influence voters' support for EMU.
