Working Paper: NBER ID: w16621
Authors: Rafael Di Tella; Juan Dubra
Abstract: We study the logic of Peronist interventionist polices and the beliefs that support them. Instead of a comprehensive approach, we focus on three elements. First, we study beliefs and values about the economic system present in Peron's speeches during the period 1943-55. Second, we study survey data for the 1990's on the beliefs of Peronist and Non Peronist voters in Argentina and Democrat and Republican voters in the US. While income and education suggest that Peronists (in relative terms) look like the American Democrats, their beliefs and values suggest that Peronists are the Argentine equivalent of the Republicans. Third, given that these beliefs are non-standard (for economists) we present a model formalizing some of their key aspects (for example, the idea that there is something more than a material exchange in labor relations).
Keywords: No keywords provided
JEL Codes: D64; J42; L40
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| Perón's policies (E65) | political stability during his administration (E63) |
| belief that income is influenced by external actors (E25) | demand for interventionist policies (E65) |
| emotional responses of voters (D79) | policy preferences and outcomes (D72) |
| perceived unkindness of firms (L20) | demands for regulatory interventions (L59) |