Giordani, Paolo; Mariani, Fabio - 2020
This paper provides a rationale for the revival of protectionism, based on the rise of the educated class. In a trade …, which can be attenuated through taxation. By playing a two-stage political game, citizens decide on trade openness and the … extent of redistribution. In this setting, trade liberalization is politically viable as long as the losers from trade are …