Calendrier du 08 octobre 2019
Paris Trade Seminar
Du 08/10/2019 de 14:30 à 16:00
Maison des Sciences Economiques, Université Paris 1, 106-112 boulevard de l’hôpital, 75013 Paris (M° Campo-Formio), salle du 6ème
BUSTOS Paula (CEMFI)
Capital Accumulation and Structural Transformation
écrit avec G. Garber and J. Ponticelli
Applied Economics Lunch Seminar
Du 08/10/2019 de 12:30 à 13:30
Salle R2-01, Campus Jourdan, 48 boulevard Jourdan, 75014 Paris
SIDOIS Charles-Louis (Mannheim )
Silence the Media or the Story? Theory and Evidence of Media capture.
écrit avec Elisa Mougin (Sciences-Po)
We explore a theory of media capture where a principal can either influence journalistic investigation (internal capture) or let the media investigate and pay to suppress news stories before publication (external capture). We predict that the likelihood of internal capture increases with perceived corruption while competition on the media market favors external capture. Exploiting new individual survey data from Reporters Without Borders, we use the revelation of the Panama Papers in 2016 as a shock to perceived corruption. With a differences-in-differences identification strategy that exploits the cross-country variation in exposure to the shock, we show that internal capture increases with perceived corruption.