1
JULIA CAG 
http://scholar.harvard.edu/cage 
cage@fas.harvard.edu 
HARVARD UNIVERSITY 
 
Placement Director: Gita Gopinath  gopinath@harvard.edu  617-495-8161 
Placement Director: Nathan Nunn  nunn@fas.harvard.edu  617-496-4958 
Graduate Administrator: Brenda Piquet  bpiquet@fas.harvard.edu  617-495-8927 
Office Contact Information:   
Littauer Center G27   
1805 Cambridge Street 
Cambridge, MA 02138 
 
 
Personal Information:  
Date of birth: February 17, 1984 
Citizenship: France 
 
Undergraduate Studies: 
  Ecole Normale Suprieure Ulm, Major in Economics, Paris, 2005-2009 
M.A. in Economics, Paris School of Economics, with highest honours, 2006-2008 
B.A. in Econometrics, University Paris-I Panthon-Sorbonne, with highest honours, 2005-2006 
 
Graduate Studies: 
  Harvard University, 2010 to present 
  Thesis Title: Essays on the Political Economy of Information 
  Expected Completion Date: June 2014 
   
  References: 
  Professor Nathan Nunn  Professor Richard Hornbeck 
  Littauer Center M29  Littauer Center 232 
  617-496-4958, nnunn@fas.harvard.edu 
 
Professor Andrei Shleifer 
Littauer Center M10 
617-495-5046, ashleifer@harvard.edu 
202-494-0722, hornbeck@fas.harvard.edu 
 
Professor Alberto Alesina 
Littauer Center 210 
617-495-8388, aalesina@harvard.edu 
     
Teaching and Research Fields: 
  Primary fields: Political Economy, Economic History 
  Secondary fields: International Trade, Development Economics, Industrial Organization 
   
Teaching Experience: 
  Spring 2014 
Fall 2013 
Fall 2012 
Spring 2010 
Aid, Debt and International Finance (graduate), Paris School of Economics (lecturer) 
Economics of the Media (graduate), CELSA (lecturer) 
Development Economics (graduate), Telecom ParisTech (lecturer) 
Political Economy (graduate), Sciences Po  (teaching fellow) 
  Summer 2009 
 
Fall 2009 
Political  Economy  of  Development,  Advanced  Graduate  Workshop  on  Poverty, 
Development and Globalization, Manchester (teaching fellow) 
Macroeconomics (graduate), Paris School of Economics (teaching fellow) 
  Spring 2009  Macroeconomics (undergraduate), Harvard (teaching fellow) 
  Fall 2008  Distribution and Development (undergraduate), Harvard (teaching fellow) 
  2 
Research Experience and Other Employment: 
  2013 
2008-2009 
European Commission (EuropeAid), Junior Expert 
World Bank, Consultant 
  2008-2009  French Agency for Development, Consultant 
  2007  French Ministry for the Foreign Affairs, Centre of Analysis and Forecast, Intern 
  2006-2007  OECD Development Centre, Research Assistant 
 
Professional Activities: 
     Refereeing:  Economics  of  Transition;  International  Journal  of  Industrial  Organization;  Journal  of 
International  Trade  and  Economic  Development;  Journal  of  Public  Economics;  Quarterly  Journal  of 
Economics; Review of Economics and Statistics. 
     Academic Visits: 
Fall  2009:  Oxford  University,  Oxford  Centre  for  the  Analysis  of  Resource  Rich  Economies,  Visiting 
research fellow. 
     Invited Seminars and Conferences: 
2013: Big Data for Media Analysis (Paris) 
2013: Fifth Tokyo International Conference on African Development (Yokohama). 
2012: NYU, Department of Politics; IPD African Task Force (Columbia University). 
2011: Foro de Biarritz (Santo Domingo); CAP/IDEAS (Madrid). 
2010: World Bank Workshop on Economic Growth. 
2009:  Oxford  University;  Foro  de  Biarritz  (Quito);  African  Task  Force  (Pretoria);  French  Agency  for 
Economic Development. 
     Other Seminars and Conferences: 
2013:  TILEC  Workshop;  Working  Group  in  African  Political  Economy  (WGAPE);  Harvard  Economic 
History  Tea;  Harvard  Industrial  Organization  Lunch;  Harvard  Research  Workshop  in  Political  Economy; 
Harvard  Macro  Lunch;  MIT  Political  Economy  Breakfast;  Harvard  Development  Lunch;  Harvard 
Organizational Economics Lunch; PSE Applied Economics Lunch Seminar. 
2012:  Harvard  Macro  Lunch;  MIT  Political  Economy  Breakfast;  Harvard  Economic  History  Tea;  Harvard 
Industrial Organization Lunch. 
2011:  Media  Economics  Workshop  (Moscow);  IEA  (Beijing);  Harvard  International  Lunch;  Harvard 
Development Lunch. 
2010: PSE Applied Economics Lunch. 
2009: AFSE Congress (Paris); EEA-ESEM Congress (Barcelona); PET (Galway); PSE Applied Economics 
Lunch;  North  American  Meeting  of  the  Econometric  Society  (Boston);  MIT  Political  Economy  Breakfast; 
Harvard Research Workshop in Political Economy; Harvard Labor-Public Finance Lunch. 
2008:  Advanced  Graduate  Workshop  on  Poverty,  Development  and  Globalization  (Manchester);  PSE 
Macroeconomic Tea Break. 
 
Honors, Scholarships, and Fellowships: 
  2013-2014 
2013 
2012-2013 
 
Roger L. Martin Cornerstone Graduate Student Fellowship Fund, Harvard 
NET Institute research grant 
Center  for  European  Studies  (Harvard  University)  Krupp  Foundation  Graduate 
Dissertation Research Fellowship 
  2011 & 2012  Warbung Funds research grant, Department of Economics, Harvard University 
  2011-present 
2010-2013 
LEAP research grant, Department of Economics, Harvard University 
CEPREMAP research grant 
  2010 & 2012  Paris School of Economics research grant 
  2010-present  Harvard Grant 
  2008-2009  Herchel-Smith ENS-Harvard exchange fellowship 
 
 
 
  3 
Research Papers: 
 
Media Competition, Information Provision and Political Participation [Job Market Paper] 
 
This  paper  investigates  the  impact  of  increased  media  competition  on  the  quantity  and  quality  of  news 
provided  and,  ultimately,  changes  in  political  participation.  Drawing  from  the  literature  on  vertical  product 
differentiation  to  model  the  production  choices  of  newspapers,  I  show  how  an  increase  in  the  number  of 
newspapers  can  decrease  both  the  quantity  and  quality  of  information  provided.  I  build  a  new  county-level 
panel  dataset  of  local  newspaper  presence  and  political  turnout  in  France,  from  1945  to  2012.  I  estimate  the 
effect  of  newspaper  entry  by  comparing  counties  that  experience  entry  to  similar  counties  in  the  same  years 
that do not. These counties exhibit similar trends prior to newspaper entry, but newspaper entry then leads to 
substantial  declines  in  the  total  number  of  journalists.  More  newspapers  are  also  associated  with  fewer  news 
articles  and  lower  information  provision.  These  effects  are  concentrated  in  counties  with  homogeneous 
populations,  as  predicted  by  the  model,  with  little  impact  on  counties  with  heterogeneous  populations. 
Newspaper  entry,  and  the  associated  decline  in  information  provision,  is  ultimately  found  to  decrease  voter 
turnout. 
 
 
Improving  National  Brands:  Reputation  for  Quality  and  Export  Promotion  Policies  (with  Dorothe 
Rouzet) 
     R&R at the Journal of International Economics. 
     
Why do made in labels matter? We study the effect of firm and country reputation on exports when buyers 
cannot observe quality prior to purchase. Firm-level demand is determined by expected quality, which depends 
on  both  past  experience  with  the  good  and  the  country  of  origin's  reputation  for  quality.  Asymmetric 
information acts as a barrier to entry for high-quality firms but facilitates sales by  fly-by-night low-quality 
firms.  We  derive  two  types  of  steady-state  equilibria  with  endogenous  reputation.  In  a  high-quality 
equilibrium, imperfect information does not hinder entry into export markets, but there is a distortion in profits 
and  in  the  quality  composition  of  exports.  In  a  low-quality  equilibrium,  we  obtain  a  sorting  of  firms  into 
exporting that is non-linear in quality. A range of relatively high-quality firms are permanently kept out of the 
market by the informational friction, so that countries with bad quality reputation can be locked into exporting 
low-quality, low-cost goods. Export subsidies then have a positive welfare effect on the exporting country, by 
improving the average quality of its exports and its terms of trade. However, a subsidy has the opposite long-
run  effects  in  a  country  that  initially  exports  relatively  high-quality  products.  The  model  is  consistent  with 
empirical patterns of export prices. Measuring national reputations by analyzing the content of US newspaper 
articles about foreign countries over 1988-2006, we find that more positive news coverage of foreign countries 
and  companies  is  associated  with  higher  unit  values  of  their  exports  to  the  US,  particularly  in  sectors  with  a 
larger scope for vertical differentiation. 
 
 
The Long-Term Effects of the Printing Press in sub-Saharan Africa (with Valeria Rueda) (submitted) 
 
This article examines the long-term consequences of the introduction of the printing press in the 19th century 
on  newspaper  readership  and  other  civic  attitudes  in  sub-Saharan  Africa.  In  sub-Saharan  Africa,  Protestant 
missionaries were the first both to import the printing press technology and to allow the indigenous population 
to  use  it.  We  build  a  new  geocoded  dataset  locating  Protestant  missions  in  1903.  This  dataset  includes,  for 
each  mission  station,  the  geographic  location  and  its  characteristics,  as  well  as  the  educational  and  health 
related  investments  undertaken  by  the  mission.  We  show  that  proximity  to  a  historical  missionary  settlement 
endowed with a printing press significantly increases newspaper readership today within regions located close 
to  historical  mission  settlements.  We  also  find  a  positive  impact  on  political  participation  at  the  community 
level.  Results  are  robust  to  a  variety  of  identification  strategies  that  attempt  to  address  the  potential 
endogenous selection of missions into printing and externalities on education and literacy.  
 
 
 
  4 
Tax  Revenues,  Development,  and  the  Fiscal  Cost  of  Trade  Liberalization,  1792-2006  (with  Lucie 
Gadenne) (submitted) 
 
This paper puts the recent evolution of tax revenues in developing countries in historical perspective. Using a 
novel  dataset  on  total  and  trade  tax  revenues  we  compare  the  fiscal  cost  of  trade  liberalization  in  developing 
countries  and  in  today's  rich  countries  at  earlier  stages  of  development.  We  find  that  trade  liberalization 
episodes led to larger and longer-lived decreases in total tax revenues in developing countries since the 1970s 
than  in  rich  countries  in  the  19th  and  early  20th  centuries.  The  fall  in  total  tax  revenues  lasts  more  than  ten 
years in half the developing countries in our sample. 
 
 
Asymmetric Information, Rent Extraction and Aid Efficiency (2009) 
 
Official Development Aid flows are volatile, non-predictable and not delivered in a transparent way. All these 
features reinforce asymmetric information between the citizens and the recipient government about the amount 
of aid flows received by developing countries. This article uses a political economy model of rent extraction to 
show how this asymmetry (i) encourages rent extraction by kleptocratic regimes, thus reducing aid efficiency, 
and  (ii)  increases  the  negative  impact  of  aid  volatility.  It  identifies  a  new  channel  -  the  "asymmetric 
information" channel - through which aid volatility is costly for recipient countries. The empirical relevance of 
the model is confirmed on a panel data of developing countries. Using various specifications and econometric 
methods,  and  developing  new  yearly  estimates  of  aid  volatility,  I  show  that  (i)  introducing  more  information 
increases  aid  efficiency,  that  (ii)  the  negative  impact  of  aid  volatility  on  aid  efficiency  vanishes  once  one 
controls  for  information,  and  that  (iii)  this  positive  impact  of  information  does  not  come  from  the  fact  that 
more transparent countries tend to have better institutions. 
 
 
Research in Progress 
     
Price  Discrimination  in  Two-Sided  Markets:  Theory  and  Evidence  from  the  Newspaper  Industry  (with 
Charles Angelucci and Romain De Nijs). 
 
 
In Preparation 
 
The  Economics  of  the  African  Media  in  preparation  for  the  Handbook  of  Africa  and  Economics  (Oxford 
University Press).