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Research on the political and social impacts of financial crises has focused chiefly on free market economies, hindering our understanding of their effects in other settings. We exploit an episode of a financial crisis that hit the Israeli kibbutzim to study its impact in a socialist context....
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The recent ascent of right-wing populist movements in many countries has rekindled interest in understanding the causes of the rise of Fascism in inter-war years. In this paper, we argue that there was a strong link between the surge of support for the Socialist Party after World War I (WWI) and...
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-based controls on inflows - similar to those implemented by Chile - have the potential for lengthening the maturity of foreign debt …
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risk. We analyze a large-scale program of public credit guarantees in Chile during the COVID-19 pandemic using unique …
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