U.S. Populist Rhetoric and Currency Returns PDF Download

Author: Ilias Filippou
Publisher:
ISBN:
Category : Foreign exchange market
Languages : en
Pages : 81

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Book Description
We develop a novel measure of U.S. populist rhetoric. Aggregate Populist Rhetoric (APR) Index spikes around populist events. We decompose the APR Index into sub-indices. We show that APR Index and International Relations sub-index are negatively priced in the cross-section of currency excess returns. Currencies that perform well (badly) when U.S. populist rhetoric is high yield low (high) expected excess returns. Investors require high risk premium for holding currencies which underperform in times of rising U.S. populist rhetoric, especially in the post-crisis period. A long-short strategy that buys (sells) currencies with high (low) exposure to U.S. populism offers strong diversification benefits.

Author: Rudiger Dornbusch
Publisher: University of Chicago Press
ISBN: 0226158489
Category : Business & Economics
Languages : en
Pages : 416

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Book Description
Again and again, Latin America has seen the populist scenario played to an unfortunate end. Upon gaining power, populist governments attempt to revive the economy through massive spending. After an initial recovery, inflation reemerges and the government responds with wage an price controls. Shortages, overvaluation, burgeoning deficits, and capital flight soon precipitate economic crisis, with a subsequent collapse of the populist regime. The lessons of this experience are especially valuable for countries in Eastern Europe, as they face major political and economic decisions. Economists and political scientists from the United States and Latin America detail in this volume how and why such programs go wrong and what leads policymakers to repeatedly adopt these policies despite a history of failure. Authors examine this pattern in Argentina, Brazil, Chile, Mexico, Nicaragua, and Peru—and show how Colombia managed to avoid it. Despite differences in how each country implemented its policies, the macroeconomic consequences were remarkably similar. Scholars of Latin America will find this work a valuable resource, offering a distinctive macroeconomic perspective on the continuing controversy over the dynamics of populism.

Author: Jeffrey Ostler
Publisher:
ISBN:
Category : History
Languages : en
Pages : 280

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Book Description
Ostler shows that economic conditions alone cannot explain why populism flourished or foundered. Through a study of populism in Kansas, Nebraska, and Iowa, Ostler demonstrates that the strength or weakness of the two dominant political parties within a state had a significant effect on the success of a third party challenge.

Author: Chip Berlet
Publisher: Guilford Publications
ISBN: 1462528384
Category : Political Science
Languages : en
Pages : 516

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Book Description
Right-wing militias and other antigovernment organizations have received heightened public attention since the Oklahoma City bombing. While such groups are often portrayed as marginal extremists, the values they espouse have influenced mainstream politics and culture far more than most Americans realize. This important volume offers an in-depth look at the historical roots and current landscape of right-wing populism in the United States. Illuminated is the potent combination of anti-elitist rhetoric, conspiracy theories, and ethnic scapegoating that has fueled many political movements from the colonial period to the present day. The book examines the Jacksonians, the Ku Klux Klan, and a host of Cold War nationalist cliques, and relates them to the evolution of contemporary electoral campaigns of Patrick Buchanan, the militancy of the Posse Comitatus and the Christian Identity movement, and an array of millennial sects. Combining vivid description and incisive analysis, Berlet and Lyons show how large numbers of disaffected Americans have embraced right-wing populism in a misguided attempt to challenge power relationships in U.S. society. Highlighted are the dangers these groups pose for the future of our political system and the hope of progressive social change. Winner--Outstanding Book Award, Gustavus Myers Center for the Study of Bigotry and Human Rights in North America

Author: Cristóbal Rovira Kaltwasser
Publisher: Oxford University Press
ISBN: 0198803567
Category : Political Science
Languages : en
Pages : 737

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Book Description
The Oxford Handbook of Populism presents the state of the art of research on populism from the perspective of Political Science. The book features work from the leading experts in the field, and synthesizes the main strands of research in four compact sections: concepts, issues, regions, and normative debates. Due to its breath, The Oxford Handbook of Populism is an invaluable resource for those interested in the study of populism, but also forexperts in each of the topics discussed, who will benefit from accounts of current discussions and research gaps, as well as a map of new directions in the study of populism.

Author: William Hope Harvey
Publisher:
ISBN:
Category : Silver question
Languages : en
Pages : 200

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Book Description

Author: Guglielmo M. Caporale
Publisher: Edward Elgar Publishing
ISBN: 1803926376
Category : Business & Economics
Languages : en
Pages : 683

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Book Description
This comprehensive Handbook deftly examines key aspects of financial integration, providing an overview of contemporary research and new perspectives. Employing state of the art econometric methods to obtain new empirical evidence, it will be critical for designing optimal policies, and appropriate investment and risk management strategies.

Author: Daniel Stockemer
Publisher: Springer
ISBN: 3319967584
Category : Political Science
Languages : en
Pages : 140

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Book Description
This book provides a global overview of populist actors and strategies around the globe from a comparative perspective. By presenting six country studies on the United States, France, Poland, Turkey, the Philippines and Argentina, the contributors analyze how parties from both the radical left and right use a populist discourse combining people-centrism, anti-elitism, and the exclusion of certain population cohorts from the national community. They illustrate how populist actors mobilize and persuade citizens by using simple and slogan-based language and charismatic leadership while offering simple solutions to complex problems. Each case study describes the history of populism in the respective country, current populist actors, the strategies these parties and movements employ, and how successful these tactics are within the population. These case studies are embedded within two theoretical chapters that link the cases to the theoretical and empirical literature on populism. This timely book will appeal to anyone interested in understanding the current enormous appeal of populist movements around the globe.

Author: Jeffry A. Frieden
Publisher: Princeton University Press
ISBN: 1400865344
Category : Business & Economics
Languages : en
Pages : 318

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Book Description
The politics surrounding exchange rate policies in the global economy The exchange rate is the most important price in any economy, since it affects all other prices. Exchange rates are set, either directly or indirectly, by government policy. Exchange rates are also central to the global economy, for they profoundly influence all international economic activity. Despite the critical role of exchange rate policy, there are few definitive explanations of why governments choose the currency policies they do. Filled with in-depth cases and examples, Currency Politics presents a comprehensive analysis of the politics surrounding exchange rates. Identifying the motivations for currency policy preferences on the part of industries seeking to influence politicians, Jeffry Frieden shows how each industry's characteristics—including its exposure to currency risk and the price effects of exchange rate movements—determine those preferences. Frieden evaluates the accuracy of his theoretical arguments in a variety of historical and geographical settings: he looks at the politics of the gold standard, particularly in the United States, and he examines the political economy of European monetary integration. He also analyzes the politics of Latin American currency policy over the past forty years, and focuses on the daunting currency crises that have frequently debilitated Latin American nations, including Mexico, Argentina, and Brazil. With an ambitious mix of narrative and statistical investigation, Currency Politics clarifies the political and economic determinants of exchange rate policies.

Author: Anna De Fina
Publisher: Cambridge University Press
ISBN: 1108560164
Category : Language Arts & Disciplines
Languages : en
Pages : 889

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Book Description
Aimed at equipping a new generation of scholars and students with the essential tools for analyzing discourse, this handbook provides an overview of key research fields and an introduction to the various methodologies, concepts and areas of investigation in discourse.