Aidt, Toke; Asatryan, Zareh; Badalyan, Lusine - 2024 - This version: March 6, 2024
Many governments operate consumer debt relief programs, often timed to match the election cycle, but their political … effects are not well understood. We ask if debt relief can influence elections in democracies. Our motivating exercise is the … that the program helped the incumbent candidate win that election, and that its effects persisted. Overall, we show how …