Showing results 1 - 5 of 5
Did declining social mobility cause Trump’s rise? In a word, no. Filipe Campante, David Yanagizawa-Drott, December 9, 2016, Opinion, "There has been a heated debate over the role that that economic factors played in the improbable journey that took Donald Trump all the way to the presidency. “Economic anxiety” is the umbrella term that many pundits have seized on to explain what drove a substantial number of (white) working-class voters to Trump…
Long-Range Growth: Economic Development in the Global Network of Air Links. Filipe Campante, David Yanagizawa-Drott, September 2016, Paper, "We study the impact of international long-distance flights on the global spatial allocation of economic activity. To identify causal effects, we exploit variation due to regulatory and technological constraints which give rise to a discontinuity in connectedness between cities at a distance of 6000 miles.…
Does Religion Affect Economic Growth and Happiness? Evidence from Ramadan. Filipe Campante, David H. Yanagizawa-Drott, December 2013, Paper. "We study the economic effects of religious practices in the context of the observance of Ramadan fasting, one of the central tenets of Islam. To establish causality, we exploit variation in the length of the fasting period due to the rotating Islamic calendar. We report two key, quantitatively meaningful…
The Educated Middle Class, their Economics Prospects, and the Arab Spring. Filipe Campante, September 2012. Paper, "Since late 2010, the world has witnessed a remarkable groundswell of political change in Tunisia, Egypt, Libya, Yemen, Syria, and other Arab countries. It has already swept aside several regimes once thought unassailable, while shaking up the existing political order in others. This wave of change – popularly referred to as the “…
| Alberto Alesina
WHY IS FISCAL POLICY OFTEN PROCYCLICAL? Alberto Alesina, Filipe R. Campante, September 2008, Paper. "Fiscal policy is procyclical in many developing countries. We explain this policy failure with a political agency problem. Procyclicality is driven by voters who seek to “starve the Leviathan” to reduce political rents. Voters observe the state of the economy but not the rents appropriated by corrupt governments. When they observe a boom, voters…