Bank Panics and Media Freedom during the 2008-2009 Financial Crisis: Evidence from Russian Regions

In this paper, we aim to find out whether it is possible to prevent the bank runs in times of a crisis, if the media, being under government control, do not inform people about the unstable economic situation. Such a measure being tempo-rary and used only in times of crisis, can prevent a sharp decl...

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Bibliographic Details
Main Authors: Maria Semenova, Alexander Kaul
Format: Article
Language:English
Published: National Research University Higher School of Economics 2017-06-01
Series:Корпоративные финансы
Subjects:
Online Access:https://cfjournal.hse.ru/article/view/6847/7628