Browsing HBS Scholarly Articles by Author "Rotemberg, Julio J."
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Populism and the Return of the “Paranoid Style”: Some Evidence and a Simple Model of Demand for Incompetence as Insurance against Elite Betrayal
Di Tella, Rafael M.; Rotemberg, Julio J. (2017-01-20)We present a simple model of populism as the rejection of “disloyal” leaders. We show that adding the assumption that people are worse off when they experience low income as a result of leader betrayal (than when it is the ...