Aidt, Toke; Asatryan, Zareh; Badalyan, Lusine - 2022
We study consumer debt relief as a tool of distributive politics and ask if debt relief can influence elections. We … foundation win the 2018 Presidential election, and that its effects persisted into the next election. We show how economic power … can translate into political power in polities with de jure competitive elections but with de facto weak accountability. …