Kuznets predicts an economy's return to low inequality once structural transformation has peaked. I explore some headwinds to falling inequality in developing countries given their thorough engagement in the globalized market Kuznets could not have foreseen. Headwinds include plutocrats' abuse...

Populist movements increasingly challenge liberal Western market democracies. Populism can be explained only in part by phenomena like globalization and digitization producing winners and losers in economic terms. Growing feelings of alienation from the market-democratic system and the perceived...

Existing research has identified several economic and cultural determinants of populist voting. We focus on a related explanation: whether populist leaders are able to capitalize on a sense of distrust between individuals. There is currently limited causal evidence on the relationship between...

Populist parties have grown rapidly in popularity in most European countries, and are increasingly common in government coalitions. Analyzing 183 populist parties in 33 European countries from 1980 to 2021, we estimate the average effect of being in government on election results. On average, we...

Existing research has identified several economic and cultural determinants of populist voting. We focus on a related explanation: whether populist leaders are able to capitalize on a sense of distrust between individuals. There is currently limited causal evidence on the relationship between...

We evaluate how traditional parties may respond to populist parties on issues aligning with populist messages. During the 2020 Italian referendum on the reduction of members of Parliament, we conducted a large-scale field experiment, exposing 200 municipalities to nearly a million impressions of...

What characterizes regions where right‐wing populist parties are relatively successful? A prominent hypothesis proposed in the emerging “geography of discontent” literature claims that places that are “left behind” constitute a breeding ground for the rise of populism. We re‐examine...

Economic change over the past twenty years has rendered many individuals and territories vulnerable, leading to greater interpersonal and interterritorial inequality. This rising inequality is seen as a root cause of populism. Yet, there is no comparative evidence as to whether this discontent...

This article investigates the rise of populism in Poland, applying an interdisciplinary method, with political, social, and economic factors as the compound reason for the turn from liberalism towards populism. The methodology of the study is the exploratory analysis of research, historical...

This paper asks whether history should change the way in which economists and economic historians think about populism. We use Müller's definition, according to which populism is 'an exclusionary form of identity politics, which is why it poses a threat to democracy'. We make three historical...

Populist parties recently have shaken Western democracies, yet there is no consensus regarding the characteristics of populist voters. By using large-scale surveys from four European countries (France, Germany, Spain, and the U.K.), we investigate individual determinants of populist voting. Our...

For years, federal politicians from all established parties have categorically ruled out any cooperation with the Alternative for Germany (AfD), erecting a so-called "firewall" ("Brandmauer") against the party. Nevertheless, reports increasingly document instances where this firewall is eroding,...

For years, federal politicians from all established parties have categorically ruled out any cooperation with the Alternative for Germany (AfD), erecting a so-called "firewall" ("Brandmauer") against the party. Nevertheless, reports increasingly document instances where this firewall is eroding,...

We analyze the long-run evolution of populism and explore the role of globalization in shaping such evolution. We use an imbalanced panel of 628 national elections in 55 countries over 60 years. A first novelty is our reliance on both standard (e.g., the ”volume margin”, or vote share of...

The past decade has witnessed an increase in populist movements across the world. Some of those movements have gained strong political support and formed populist governments promising new sets of economic and fiscal policies. This raises the pertinent policy question: how do such populist...

The past decade has witnessed an increase in populist movements across the world. Some of those movements have gained strong political support and formed populist governments promising new sets of economic and fiscal policies. This raises the pertinent policy question: how do such populist...

The phenomenon of political populism and its financial determinants have proved elusive. We utilise the sudden and uneven change in credit conditions during the COVID-19 pandemic and the unprecedented government credit guarantee programme in France to investigate whether liquidity support to...

We provide first evidence for the long-run causal impact that Chinese imports to European regions had on voting outcomes and revisit earlier estimates of the short-run impact for a methodological reason. The fringes of the political spectrum gained ground many years after the China shock...

The rise of knowledge economies is transforming labor markets with substantial socio-political implications. Recent literature suggests that these economies foster voters who, due to the current or potential experience of upward mobility, are less likely to support far-right parties. Using novel...

This paper shows that regional policies can decrease populist support. We focus on the "development objective" (Objective-1) of the European Regional Development Fund (ERDF), meant to support lagging-behind regions. For causal inference, we exploit three sources of quasi-exogenous variation in a...

How to break the populist wave? With the elections to the European Parliament ahead, and the Presidential Elections in the US looming, this question bothers policymakers in many Western democracies. Our study shows that regional policies effectively decrease populist support. Specifically, EU...

Wie kann der Aufstieg des Populismus gestoppt werden? Angesichts der bevorstehenden Wahlen zum Europäischen Parlament und der Präsidentschaftswahlen in den USA beschäftigt diese Frage politische Entscheidungsträger in vielen westlichen Demokratien. Unsere Studie zeigt, dass...

This paper aims to contribute to the debate of post-Keynesian growth models and the political economy of populism by investigating the relationship between the changes in demand and growth regimes and the politics of the right-wing populist governments in Poland and Hungary after the Global...

We study the effect of local exposure to populism on net population movements by citizenship status, gender, age and education level in the context of Italian municipalities. We present two research designs to estimate the causal effect of populist attitudes and politics. Initially, we use a...

We evaluate how traditional parties may respond to populist parties on issues aligning with populist messages. During the 2020 Italian referendum on the reduction of members of Parliament, we conducted a large-scale field experiment, exposing 200 municipalities to nearly a million impressions of...

Populist movements increasingly challenge liberal Western market democracies. Populism can be explained only in part by phenomena like globalization and digitization producing winners and losers in economic terms. Growing feelings of alienation from the market-democratic system and the perceived...

We examine the policy changes enacted by populist leaders after coming into power in different historical and geographical contexts. We employ the dataset developed by Funke et al. (2023), based on Cas Mudde's minimalist definition of populism, and expand it to several additional policy...

Neoliberalism eviscerated the value-sharing ethos of the post-war Golden Age (1945-73), seeking to maintain social cohesion in civil society by 'managing the discontent of the losers'. This involved reconciling working households to the realities of the neoliberal labour market by means of...

This paper empirically investigates the impact of populist governments on public policies and finances. We focus on Italian local governments (i.e. municipalities) over the 2010-2019 period, when a populists, i.e. the Five Stars Movement, became the most voted party in the country. We first...

Populist parties have grown rapidly in popularity in most European countries, and are increasingly common in government coalitions. Analyzing 183 populist parties in 33 European countries from 1980 to 2021, we estimate the average effect of being in government on election results. On average, we...

"This policy brief provides an overview and assessments of debates on development policy. In view of changing international contexts, it addresses the need to reorient German development policy in the long term and initiate reforms. Five recommendations for decision-makers are formulated: 1....

A second presidential term for Donald Trump would undoubtedly have huge impacts on topics in all areas of international relations - topics that are intrinsically relevant to all actors due to the status of the United States as a world power. Trump's political agenda differs considerably from...

Support for right-wing populist parties is characterised by considerable regional heterogeneity and especially concentrated in regions that have experienced economic decline. It remains unclear, however, whether the spatial externalities of local decline, including homelessness and crime, boost...