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...

This paper seeks to add to the current debate about financial development and growth in the emerging world by looking at how different financial systems evolve: how and why financial structures change during various stages of development, how best to measure them, and seeing what practical...

Spanish Abstract: Este artículo estudia los legados de las instituciones creadas en tiempos de guerra, medidas como rebelocracia, sobre la capacidad de los hogares para mitigar choques negativos de ingresos. La rebelocracia es el orden social establecido por los actores armados no estatales...

The main objective of this paper is to provide empirical evidence on the mechanisms that shape the relationship between violent conflict and collective action. Conflict dynamics in Colombia allow us to exploit rich variation in armed group presence and individual participation in local...

Spanish Abstract: En este documento se estudian las relaciones causales entre conflicto armado, disuasión del crimen y violencia homicida. Se emplean datos de corte transversal a nivel municipal que comprenden el periodo del 2000 al 2014. El estudio utiliza una muestra que contiene aquellos...

This article contributes to the literature on the impact of transitional justice measures using microfoundational evidence from experiments. We argue that there is a distributional dilemma at the heart of transitional justice programs, given that the State must allocate goods and services both...

Governments use their countries' economic strength from existing financial and trade relationships to achieve geopolitical and economic goals. We refer to this practice as geoeconomics. We build a framework based on three core ingredients: input output linkages, limited contract enforceability,...

We estimate the impact of trade policy uncertainty (TPU) on CES import price indices, focusing on the implications of Britain's exit from the European Union (Brexit). Our analysis reveals that an increase in the probability of Brexit increases U.K. import price indices by raising the prices of...

We formalize the GATT/WTO principle of reciprocity in workhorse quantitative trade models, characterizing reciprocal tariff cuts that hold terms of trade fixed and investigating their labor-market impacts. We provide closed-form expressions mapping reciprocal tariff cuts to labor market...

This paper shows that regional trade integration shifts the burden of the exchange rate adjustment towards the less integrated trading partners. Thus, they bear the cost of trade balance expansion, while competitive exchange rate moves vis-a-vis RTA trading partners result in no expansion or...