GRIPEAbstract: While conventional wisdom views divisiveness as an obstacle to engagement among individuals belonging to different ideological camps, this article examines a mechanism that relies on such differences. In a […]
We investigate the effect of populism in countries experiencing severe economic inequality. We posit that left populist parties use a mix of strong redistribution policies, which tackle the roots of […]
Abstract: Transformative political shifts, such as rising polarization, disillusionment with globalization, and the surge of radical parties, have been linked to the disappearance of manufacturing jobs in advanced economies. We […]
Abstract: Technology development is unequal. Existing research suggests that the lack of credible and profitable market demand causes such unequal innovations, leading to the neglect of technologies with low market […]
The 2010-12 European banking crisis triggered severe recessions, job losses, and austerity measures. In response, member states delegated some bank-supervision authority to the European Union (EU). We argue that blame […]
We employ difference-in-differences (DiD) event studies to assess the impact of Trump’s "Liberation Day" tariff announcement on sovereign bond spreads and yields in emerging markets (EMs). We consider a largely […]
Abstract: Despite the well-documented nationalization of local politics over the late 20th century, one type of local organization has flourished: the chamber of commerce. Local chambers, influential interest groups in […]
Tackling climate change generates non-rivalrous and non-excludable benefits, while the costs of climate action fall on individual firms. This should incentivize firms to free ride on each others’ efforts. Yet, […]
How does automation in the Global North shape politics and violence in the Global South? We develop a political economy theory in which robot adoption in advanced economies reduces demand […]
When do exporting firms impose trade barriers against their foreign competitors in global markets? In this paper, I contend that the decline of market power drives exporting firms’ support for […]
Abstract: Research has shown that restrictive trade policies, such as large subsidies, affect public opinion in affected states. This article examines the downstream effects of trade retaliation on public support […]
Abstract: States routinely help firms manage risk by providing two core forms of support: information that reduces uncertainty about markets, partners, and political conditions, and financing that insures against commercial […]