Citation

Discussion Paper Details

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Title: A Dialogue between a Populist and an Economist

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

Publication Date: February 2018

Keyword(s): Europe, Political parties and populism

Programme Area(s): Public Economics

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."

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Bibliographic Reference

Boeri, T, Mishra, P, Papageorgiou, C and Spilimbergo, A. 2018. 'A Dialogue between a Populist and an Economist'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=12763