A Dialogue between a Populist and an Economist

Antonio Spilimbergo, Tito Boeri, Prachi Mishra and Chris Papageorgiou ()

No 12763, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: In this imaginary dialogue, a populist and an economist discuss the role of economic shocks to explain populism. A simple correlation between economic shocks and populism is weak. However, economic shocks can explain well the phenomenon of populism in countries with low pre-existent level of trust. This is confirmed both at the macro cross-country level and also by micro evidence obtained from surveys. Finally, this finding is consistent with the “ideational approach†in political science, which emphasizes how the populist narrative opposes the “corrupt elite†to the “virtuous people.â€

Keywords: Populism; Europe; Political parties (search for similar items in EconPapers)
JEL-codes: A10 A12 (search for similar items in EconPapers)
Date: 2018-02
New Economics Papers: this item is included in nep-pol
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Citations: View citations in EconPapers (8)

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Journal Article: A Dialogue between a Populist and an Economist (2018)
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