Research Seminar of International Laboratory for Macroeconomic Analysis: Nikita Pavlov «Macroeconomic Populism in the Context of Voters’ Bounded Rationality»
International Laboratory for Macroeconomic Analysis invite everyone to join our research seminar on the 8th of April 2021 (Thursday) at 04:00 PM (Moscow).
Speaker: Postgraduate Student Nikita Pavlov
Theme: «Macroeconomic Populism in the Context of Voters’ Bounded Rationality»
Macroeconomic populism is one of the most relevant problems of modern economic science, since currently the whole western world suffers from the populist backlash. However, voters’ bounded rationality in terms of macroeconomic consequences of populist policies, which may be considered as one of the most vivid objects of populists’ speculation, have been for the most part neglected in the existing literature on topic. Current work addresses this issue by building a simple political model of macroeconomic populism policy which allows for electorate’s bounded rationality. Proposed approach to macroeconomic populism has provided some useful insights: first, it explores the extent of harm caused by the presence of a populist party and, second, demonstrates the reasons for a one-sided convergence of the non-populist platforms towards populist ones, which previously was discovered in empirical literature.
Working language: English
Looking forward to see you.
ID: 891 549 4425