caa a22 4500 606210156 CHVBK 20210128101032.0 cr unu---uuuuu 210128e20150201xx s 000 0 eng 10.1007/s10101-014-0154-5 doi (NATIONALLICENCE)springer-10.1007/s10101-014-0154-5 The Wild Bunch! An empirical note on populism and economic institutions [Elektronische Daten] [Martin Rode, Julio Revuelta] The debate on populism has recently been revitalized by the rise of new political actors, especially in Latin America and Europe. Despite the renewed interest, the concept of populism remains vague, complicating any empirical investigation on its political and economic outcomes. Still, all populist politicians strongly emphasize the defense of the common man's interest against those of privileged elites, suggesting that such governments will have notable implications for economic policy and institutions. Using a non-partisan indicator of populism, this paper seeks to assess the impact of populist policies on institutional change, as measured by the economic freedom of the world index. Results indicate that populist governments actively reduce economic freedom. In particular, they erode legal security, reduce freedom to trade, and tighten economic regulation. Findings expand on previous research with empirical methodology, questioning the importance of ideological orientation in some definitions of populism. Springer-Verlag Berlin Heidelberg, 2014 Populism nationallicence Democracy nationallicence Economic institutions nationallicence Economic policy nationallicence Rode Martin Departamento de Economía, Campus Universitario, Universidad de Navarra, 31009, Pamplona, Spain aut Revuelta Julio Departamento de Economía, Universidad de Cantabria, Av. de los Castros s./n, 39005, Santander, Spain aut Economics of Governance Springer Berlin Heidelberg 16/1(2015-02-01), 73-96 1435-6104 16:1<73 2015 16 10101 https://doi.org/10.1007/s10101-014-0154-5 text/html Onlinezugriff via DOI BK010053 XK010053 XK010000 Metadata rights reserved Springer special CC-BY-NC licence nationallicence 1 research-article jats NATIONALLICENCE NATIONALLICENCE NL-springer NATIONALLICENCE 856 40 https://doi.org/10.1007/s10101-014-0154-5 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Rode Martin Departamento de Economía, Campus Universitario, Universidad de Navarra, 31009, Pamplona, Spain aut NATIONALLICENCE 700 1- Revuelta Julio Departamento de Economía, Universidad de Cantabria, Av. de los Castros s./n, 39005, Santander, Spain aut NATIONALLICENCE 773 0- Economics of Governance Springer Berlin Heidelberg 16/1(2015-02-01), 73-96 1435-6104 16:1<73 2015 16 10101