Populism and its Macroeconomic Effects

Ege Asutay, Christopher Ball and Prof. Andreas Freytag puplished their working paper "Populist Ideology, Policy and the Real Economy: Walking the Stick". Their work confirms that populist policies generate high output growth and low inflation in the short term but the opposite in the long term. This is not only caused by populist monetary and fiscal policies, but may also be driven by populist real-sector reallocative policies. You can view the full paper via this link.External link