Nauro Campos is Professor of Economics at Brunel University London and Research Professor at ETH-Zürich. His main fields of interest are political economy and European integration. He has taught at the Universities of Bonn, Brunel, CERGE-EI, Newcastle, Paris 1 Sorbonne and Warwick. He was a Fulbright Fellow at Johns Hopkins University (Baltimore), a Robert McNamara Fellow at The World Bank, and a CBS Fellow at Oxford University. He is a Research Fellow at IZA-Bonn, a Professorial Fellow at UNU-MERIT (Maastricht University), a member of the Scientific Advisory Board of the (Central) Bank of Finland, and a Senior Fellow of the ESRC Peer Review College. He was a visiting scholar (often more than once) at the IMF, World Bank, European Commission, University of Michigan, ETH, USC, Bonn, UCL and Stockholm. From 2009 to 2014, he was seconded as Senior Economic Advisor/SRF to the Chief Economist of the Department for International Development (under both Winters and Dercon.) He received his Ph.D. from the University of Southern California (Los Angeles) in 1997, where he was lucky enough to learn about institutions from Jeff Nugent and Jim Robinson and (more than) happy to be Dick Easterlin’s RA for three years.

He joined IZA as a Research Fellow in September 2005.



IZA Discussion Paper No. 4338
published as 'Financial liberalization and reversals: political and economic determinants' in: Economic Policy, 2012, 27 (71), 483-513

The relationship between economic and political liberalization has received a great deal of attention lately, yet the possibility of a nonlinear relationship and the role of reversals remain largely neglected. Focusing on democratization and financial reform, this paper offers evidence for a U-shaped relationship across countries, over time as well...

IZA Discussion Paper No. 4061
published in: Economics & Politics, 2013, 25 (1), 27-47

What are the main causes of international terrorism? The lessons from the surge of academic research that followed 9/11 remain elusive. The careful investigation of the relative roles of economic and political conditions did little to change the fact that existing econometric estimates diverge in size, sign and significance. In...

IZA Discussion Paper No. 3886
Nauro F Campos, Aurelijus Dabušinskas
published in: European Journal of Political Economy, 2009, 25 (2), 261-275

Why do workers change occupations? This paper investigates occupational mobility and its determinants following a large unexpected shock (communism's collapse in 1989.) Our calculations show that from 1989 to 1995 between 35 and 50 percent of Estonian workers changed occupations (classified at one- and four-digits, respectively). Among the main determinants...

IZA Discussion Paper No. 3752
published in: Journal of Banking and Finance, 2012, 36 (1), 290 - 304

This paper investigates the effects of financial development and political instability on economic growth in a power-ARCH framework with data for Argentina from 1896 to 2000. Our findings suggest that (i) informal or unanticipated political instability (e.g., guerrilla warfare) has a direct negative impact on growth; (ii) formal or anticipated...

IZA Discussion Paper No. 3693

Although the theoretical literature often uses lobbying and corruption synonymously, the empirical literature associates lobbying with the preferred mean for exerting influence in developed countries and corruption with the preferred one in developing countries. This paper challenges these views. Based on whether influence is sought with rule-makers or rule-enforcers, we...

IZA Discussion Paper No. 3445
Nauro F Campos, Renata Leite Barbosa
revised version published in: Oxford Economic Papers, 2009, 61 (1), 28–51

This paper uses a unique data set of Latin American paintings auctioned by Sotheby's between 1995 and 2002 to investigate several puzzles from the recent auctions literature. Our results suggest that: (1) the reputation of an artist and the provenance of the artwork, omitted variables in most previous studies, seem...

IZA Discussion Paper No. 3332
revised version published in: IMF Staff Papers, 2010, 57 (2), 326-365

This paper investigates the role of structural reforms – privatization, financial reform and trade liberalization – as determinants of FDI inflows based on newly constructed dataset on structural reforms for 19 Latin American and 25 Eastern European countries between 1989 and 2004. Our main finding is a strong empirical relationship...

IZA Discussion Paper No. 3087
published in: Economics Letters, 2008, 100 (1), 135-137

What is the relationship between economic growth and its volatility? Does political instability affect growth directly or indirectly, through volatility? This paper tries to answer such questions using a power-ARCH framework with annual time series data for Argentina from 1896 to 2000. We show that while assassinations and strikes (what...

IZA Discussion Paper No. 2822
Nauro F Campos, Vitaliy S. Kuzeyev
published in: American Journal of Political Science, 2007, 51(3), 620-639

Does fractionalization change over time? If so, are there any substantial implications for economic performance? To answer such questions, we construct a new panel data set with fractionalization measures for 26 former communist countries covering the period from 1989 to 2002. Our fractionalization measures show that transition economies became more...

IZA Discussion Paper No. 2678
published in: World Bank Economic Review, 2007, 21 (3), 509-526

How does the relationship between earnings and schooling change with the introduction of comprehensive economic reform? This paper sheds light on this question using a unique data set and procedure to reduce sample selection bias. Our evidence is from consistently coded, non-retrospective data for about 4 million Hungarian wage earners....