A Dialogue between a Populist and an Economist
Tito Boeri,
Prachi Mishra,
Chris Papageorgiou () and
Antonio Spilimbergo
AEA Papers and Proceedings, 2018, vol. 108, 191-95
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."
JEL-codes: A11 D72 E32 Z13 (search for similar items in EconPapers)
Date: 2018
Note: DOI: 10.1257/pandp.20181121
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