January 2013 Events

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Foreign Language and Area Studies Information Session

Foreign Language and Area Studies (FLAS) Fellowship Information Session

Thursday, January 24, 2012
206 Ingraham Hall
2-3pm: Undergraduate applicants
3:30-4:30pm: Graduate applicants

FLAS fellowships are funded by the U.S. Department of Education and administered by the UW's National Resource Centers to assist students in acquiring foreign language and either area or international studies competencies. FLAS awards are only available for  specific languages, and are contingent on federal funding. 

Please direct any questions to the FLAS Coordinator of your chosen language.


Applicants must be U.S. citizens or permanent residents of the United States. Applications by students in professional fields are encouraged. Preference will be given to applicants with a high level of academic ability and with previous language training. Academic Year and Summer FLAS awards are two separate competitionsrequiring two complete and separate applications.


For a list of REECAS languages that will be offered in 2013-2014, click here.


For more information, please visit:




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Annual International Festival; featuring the University of Wisconsin Russian Folk Orchestra

When: Sunday January 27th, 2013
Where: Overture Center for the Arts, 201 State Street, Madison


Admission is free!

About the Concert: Please join UW-Madison's own Russian Folk Orchestra at this year's International Festival! The Russian Folk Orchestra will be one of many performances at the Overture Center on January 27th. The orchestra will begin at 3:55 pm.


For a full listing of the International Festival's events, please visit the Overture Center's website.


For more information on the Russian Folk Orchestra Fall Concert, please visit:

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“Do Political Blogs Matter? Corruption in State-Controlled Companies, Blog Postings, and DDoS Attacks”

Maria Petrova, New Economic School

When: Thursday, January 31, 2012 at 4:00 pm
Where: 206 Ingraham Hall

Sponsors: Political Economy Colloquium, Center for Russia, East Europe, and Central Asia (CREECA)

About the lecture: Though new media has become a popular source of information, it is less clear whether or not they have a real impact on economic activity. In authoritarian regimes, where the traditional media are not free, this potential impact might be especially important. We study consequences of blog postings of a popular Russian anti-corruption blogger and shareholder activist Alexei Navalny on the stock prices of state-controlled companies. In an event-study analysis, we find a negative effect of company-related blog postings on both daily abnormal returns and within-day 5-minute returns. To cope with identification problem, we use the incidence of distributed denial-of-services (DDoS) attacks as a variable that negatively affects blog postings, but is uncorrelated with other determinants of asset prices. There is a substantial positive effect of the DDoS attacks on abnormal returns of the companies Navalny wrote about, and this effect is increasing in amount of his attention to these companies. The effect is decreasing in attention to posts of other top bloggers, increasing in visitors’ attention to Navalny’s posts, and is consistent with more pronounced individual, in contrast to institutional, trading. Finally, there are long-term effects of certain types of posts on stock returns, trading volume, and volatility. Overall, our evidence implies that blog postings about corruption in state-controlled companies have a negative causal impact on stock performance of these companies.


About the speaker: Maria Petrova is a Visiting Associate Research Scholar at the Center for the Study of Democratic Politics at Princeton University, a UBS Associate Professor of Economics at the New Economic School in Moscow, and a Research Director at the Center for New Media and Society. She received her PhD from Harvard University in 2008. Her research interests include political economy, mass media economics, and applied micro. In October 2011, she organized the 9th Workshop on Media Economics in Moscow. She is co-organizer (with Markus Prior and Martine Gilens) for the May 2013 conference on “Political Impact of Mass Media” in Princeton, NJ.



If you would like more information on the speaker and her work, please visit her website.



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