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BEGIN:VEVENT
DTSTAMP:20260501T005118Z
DTSTART;VALUE=DATE-TIME:20241112T141500
DTEND;VALUE=DATE-TIME:20241112T153000
SUMMARY:Applied Economics\, Econometrics & Public Policy (CAGE) Seminar -
  Ruben Durante (NUS)
TZID:Europe/London
UID:20241112-8a1785d89097808f0190981004780324@warwick.ac.uk
CREATED:20241111T113742Z
DESCRIPTION:Title: Media Capture by Banks (with A. Fabiani\, L. Laeven\, 
 JL Peydró) Abstract: We study whether media slant news in favor of their
  lenders combining data on news coverage of key financial events in majo
 r European newspapers and information on bank-firm loan connections. We 
 find that newspapers cover earning announcements by their lenders more\,
  relative to other banks’\, when they report profits than when they repo
 rt losses. They also cover more favorably bank M&As in which their lende
 rs participate as acquirers. Finally\, newspapers connected to banks mor
 e exposed to stressed sovereign bonds tend to promote a narrative of the
  Eurobond crisis more favorable to banks and to oppose sovereign-debt-re
 structuring measures detrimental to creditors. BIO: Ruben Durante is Pro
 fessor of Economics and Provost's Chair at the National University of Si
 ngapore and ICREA Researcher at Pompeu Fabra University. He is also Rese
 arch Fellow of the Center for Economic Policy and Research (CEPR)\, the 
 Asian Bureau for Finance and Economic Research (ABFER)\, CESifo\, and IZ
 A\, and Research Advisor at Gallup. He has held visiting positions at Ya
 le University\,. PSE\, and INSEAD. He studies political economy with a f
 ocus on the functioning and impact of traditional and new media in democ
 ratic societies. His work has been published in top journals in economic
 s\, political science\, and management\, and is regularly featured in th
 e press. His research has been supported by several funding agencies inc
 luding the European Research Council through a Starting Grant\, a Proof 
 of Concept Grant\, and\, more\, recently a Consolidator Grant. He holds 
 a Master in political economy from Sorbonne University\, as well as a Ma
 ster and a Ph.D. in economics from Brown University.
LOCATION:S2.79
CATEGORIES:Applied & Development Economics Seminar
LAST-MODIFIED:20241111T113742Z
ORGANIZER;CN=Gill Gudger:
END:VEVENT
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