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Social Capital, Government Expenditures, and Growth

Ponzetto, Giacomo AM; Troiano, Ugo - C.E.P.R. Discussion Papers - 2014

We present a tractable stochastic endogenous growth model that explains how social capital influences economic development. In our model, social capital increases citizens' awareness of government activity. Hence, it alleviates the electoral incentives to under-invest in education, whose returns...

Persistent link: https://www.econbiz.de/10011084642

The Welfare Effects of Bundling in Multichannel Television Markets

Crawford, Gregory S; Yurukoglu, Ali - C.E.P.R. Discussion Papers - 2011

We measure how the bundling of television channels affects welfare. We estimate an industry model of viewership, demand …

Persistent link: https://www.econbiz.de/10009001064

The Political Economy of Government Responsiveness: Theory and Evidence from India

Besley, Timothy J.; Burgess, Robin - C.E.P.R. Discussion Papers - 2001

for shocks, where governments face greater electoral accountability and where newspaper circulation is highest. …

Persistent link: https://www.econbiz.de/10005791661

Media and Politics

Strömberg, David - C.E.P.R. Discussion Papers - 2015

This article provides a review of recent literature in economics on the effect of mass media on politics. The focus is on the welfare effects of mass media. I also discuss the likely implications of existing behavioral theories of media effects, developed outside of economics.

Persistent link: https://www.econbiz.de/10011168894

The Price of Media Capture and the Looting of Newspapers in Interwar France

Bignon, Vincent; Flandreau, Marc - C.E.P.R. Discussion Papers - 2012

This paper develops a new insight enabling the empirical study of media capture: minority shareholders of newspapers … and readers face similar risks. Both are adversely affected when corrupt insiders use the newspaper for personal profit … and receive invisible revenues. This means that relevant data on influence and exploitation of newspaper has been hiding …

Persistent link: https://www.econbiz.de/10011083663

Preventing Economists' Capture

Zingales, Luigi - C.E.P.R. Discussion Papers - 2014

The very same forces that induce economists to conclude that regulators are captured should lead us to conclude that the economic profession is captured as well. As evidence of this capture, I show that papers whose conclusions are pro-management are more likely to be published in economic...

Persistent link: https://www.econbiz.de/10011083614

Trust in Public Institutions over the Business Cycle

Stevenson, Betsey; Wolfers, Justin - C.E.P.R. Discussion Papers - 2011

We document that trust in public institutions--and particularly trust in banks, business and government--has declined over recent years. U.S. time series evidence suggests that this partly reflects the pro-cyclical nature of trust in institutions. Cross-country comparisons reveal a clear legacy...

Persistent link: https://www.econbiz.de/10008925712

Price Discrimination in Oligopoly: Evidence from Swedish Newspapers

Asplund, Björn Marcus; Eriksson, Rickard; Strand, Niklas - C.E.P.R. Discussion Papers - 2002

This Paper provides an empirical examination of third-degree price discrimination in the Swedish newspaper industry …. The results show that price discrimination is more prevalent in competitive markets and among newspapers with low market … that newspapers in markets with large inflows of new consumers and those covering wide geographical areas offer more …

Persistent link: https://www.econbiz.de/10005666628

From Farmers to Merchants, Voluntary Conversions and Diaspora: A Human Capital Interpretation of Jewish History

Botticini, Maristella; Eckstein, Zvi - C.E.P.R. Discussion Papers - 2006

From the end of the second century C.E., Judaism enforced a religious norm requiring any Jewish father to educate his children. We present evidence supporting our thesis that this exogenous change in the religious and social norm had a major influence on Jewish economic and demographic history....

Persistent link: https://www.econbiz.de/10005788962

Taboos: Considering the Unthinkable

Fershtman, Chaim; Gneezy, Uri; Hoffman, Moshe - C.E.P.R. Discussion Papers - 2008

A taboo is an "unthinkable" action, that is, even the thought of violating it triggers social punishment. Taboos are the social "thought police," discouraging individuals from considering certain type of actions. We consider a simple model in which taboos are part of the definition of one's...

Persistent link: https://www.econbiz.de/10005791808