Business, Government & the International Economy
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- 2023
- Working Paper
Geographies of Discontent: Public Service Deprivation and the Rise of the Far Right in Italy
By: Simone Cremaschi, Paula Rettl, Marco Cappelluti and Catherine E. De VriesElectoral support for far-right parties is often linked to geographies of discontent. We argue that public service deprivation, defined as reduced access to public services at the local level, plays an important role in explaining these patterns. By exploiting an Italian reform that reduced access to local public services in municipalities with fewer than 5,000 residents we demonstrate that far-right support in national elections increased more after the reform in affected municipalities than in unaffected ones. We use geo-coded individual-level survey data and party rhetoric data to explore the mechanisms underlying this result. Our findings suggest that exposure to the reform increased concerns about immigration, and that far-right parties increasingly linked public services to immigration in their rhetoric after the reform. These demand and supply dynamics help us understand how public service deprivation shapes geographic patterns in far-right support.
- 2023
- Working Paper
Geographies of Discontent: Public Service Deprivation and the Rise of the Far Right in Italy
By: Simone Cremaschi, Paula Rettl, Marco Cappelluti and Catherine E. De VriesElectoral support for far-right parties is often linked to geographies of discontent. We argue that public service deprivation, defined as reduced access to public services at the local level, plays an important role in explaining these patterns. By exploiting an Italian reform that reduced access to local public services in municipalities with...
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- October 2023
- Case
JPMorgan Chase in Paris
By: Joseph L. Bower, Dante Roscini, Elena Corsi and Michael NorrisIn 2019, Daniel Pinto, President and COO of JPMorgan Chase, has to make a recommendation to the bank’s Chairman and CEO, Jamie Dimon, about where to physically locate the bank’s European trading operations after Brexit takes effect in 2020. The decision-making process considered a range of European locations, including Dublin, Amsterdam, Frankfurt, and Paris, and ultimately Pinto is left with a choice between Frankfurt and Paris. The case describes the decision-making process and gives an overview of JPMorgan’s history in France and the French government’s efforts to make the country more economically competitive to lure banks moving from London in the wake of Brexit.
- October 2023
- Case
JPMorgan Chase in Paris
By: Joseph L. Bower, Dante Roscini, Elena Corsi and Michael NorrisIn 2019, Daniel Pinto, President and COO of JPMorgan Chase, has to make a recommendation to the bank’s Chairman and CEO, Jamie Dimon, about where to physically locate the bank’s European trading operations after Brexit takes effect in 2020. The decision-making process considered a range of European locations, including Dublin, Amsterdam,...
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- 2023
- Working Paper
The Effect of Childhood Environment on Political Behavior: Evidence from Young U.S. Movers, 1992–2021
By: Jacob R. Brown, Enrico Cantoni, Sahil Chinoy, Martin Koenen and Vincent PonsWe ask how childhood environment shapes political behavior. We measure young voters’ participation and party affiliation in nationally comprehensive voter files and reconstruct their childhood location histories based on their parents’ addresses. We compare outcomes of individuals who moved between the same origin and destination counties but at different ages. Those who spend more time in the destination are more influenced by it: Growing up in a county where their peers are 10 percentage points more likely to become Republicans makes them 4.7 percentage points more likely to become Republican themselves upon entering the electorate. The effects are of similar magnitude for Democratic partisanship and turnout. These exposure effects are primarily driven by teenage years, and they persist but decay after the first election. They reflect both state-level factors and factors varying at a smaller scale such as peer effects.
- 2023
- Working Paper
The Effect of Childhood Environment on Political Behavior: Evidence from Young U.S. Movers, 1992–2021
By: Jacob R. Brown, Enrico Cantoni, Sahil Chinoy, Martin Koenen and Vincent PonsWe ask how childhood environment shapes political behavior. We measure young voters’ participation and party affiliation in nationally comprehensive voter files and reconstruct their childhood location histories based on their parents’ addresses. We compare outcomes of individuals who moved between the same origin and destination counties but at...
About the Unit
The BGIE Unit conducts research on, and teaches about, the economic, political, social, and legal environment in which business operates. The Unit includes scholars trained in economics, political science, and history; in its work, it draws on perspectives from all three of these disciplines.
The following demonstrates one way of classifying the approaches the Unit takes to learning and teaching.
- The Unit examines the “rules” and policies established by government and other non-business institutions that affect business in the United States.
- The Unit turns to history to understand the origins of today’s business environment as well as some of the alternatives that have emerged from time to time.
- The Unit examines other countries’ business environments and their historical development.
- The BGIE group is deeply interested in the impact of globalization and the way rules are emerging to govern international economic transactions as globalization proceeds.
Recent Publications
Geographies of Discontent: Public Service Deprivation and the Rise of the Far Right in Italy
- 2023 |
- Working Paper |
- Faculty Research
JPMorgan Chase in Paris
- October 2023 |
- Case |
- Faculty Research
Words Can Hurt: How Political Communication Can Change the Pace of an Epidemic
- 2023 |
- Working Paper |
- Faculty Research
The Effect of Childhood Environment on Political Behavior: Evidence from Young U.S. Movers, 1992–2021
- 2023 |
- Working Paper |
- Faculty Research
Coordination and Bandwagon Effects: How Past Rankings Shape the Behavior of Voters and Candidates
- October 2023 |
- Article |
- American Economic Journal: Applied Economics
Product Variety, the Cost of Living, and Welfare Across Countries
- October 2023 |
- Article |
- American Economic Journal: Macroeconomics
IFC Italy Scavenger Hunt
- September 2023 |
- Exercise |
- Faculty Research
The Globalization of Martini & Rossi, 1863-2023
- September 2023 (Revised September 2023) |
- Case |
- Faculty Research
Harvard Business Publishing
Seminars & Conferences
There are no upcoming events.