We synthesize the literature on the recent rise of populism. First, we discuss definitions and
present descriptive evidence on the recent increase in support for populists. Second, we …

Academics' view of the benefits of finance vastly exceeds societal perception. This
dissonance is at least partly explained by an underappreciation by academia of how, without …

The importance of social trust has become widely accepted in the social sciences. A number
of explanations have been put forward for the stark variation in social trust among countries …

When voters fear that politicians may be influenced or corrupted by the rich elite, signals of
integrity are valuable. As a consequence, an honest politician seeking reelection chooses …

We document that, in a cross section of countries, government regulation is strongly
negatively correlated with measures of trust. In a simple model explaining this correlation …

Preferences for redistribution, as well as the generosity of welfare states, differ significantly
across countries. This paper tests whether there exists a feedback process of the economic …

We use survey data to measure households' propensity to default on mortgages even if they
can afford to pay them (strategic default) when the value of the mortgage exceeds the value …

Born in Italy, University of Chicago economist Luigi Zingales witnessed firsthand the
consequences of high inflation and unemployment—paired with rampant nepotism and …

We incorporate appropriation activities (social conflict) into canonical models of trade and
study how economic shocks and policies affect the intensity of conflict. We show that not all …

This study investigates the relationship between foreign direct investment, institutional
quality, economic freedom, and entrepreneurship in emerging markets. The research …