This paper examines the pivotal role of journalists in shaping economic narratives, focusing on inflation coverage in Germany in 2022. While the media's influence on disseminating economic narratives is widely acknowledged, little research has focused on journalists, the agents responsible for...

This paper examines the extent to which local newspaper closures affect discrimination against minority borrowers in mortgage lending. I Ąnd that following a newspaper closure, interest rate differentials between minority (black or Hispanic) and comparable non-minority borrowers increase by 5.5...

This paper examines the pivotal role of journalists in shaping economic narratives, focusing on inflation coverage in Germany in 2022. While the media's influence on disseminating economic narratives is widely acknowledged, little research has focused on journalists, the agents responsible for...

This paper proposes a novel methodology to identify the geographic market of local newspapers when information on their diffusion is not available or is not sufficiently granular. We illustrate the methodology using historical data from 154 newly digitized newspapers published in Italy between...

Issues linked to the increasing presence of AI-generated content in people's lives, and the importance of being able to effectively navigate and distinguish such content, are inherently linked to transparency, a notion that our study focuses on by evaluating Art. 50 of the AI Act. This article...

The development of artificial intelligence (hereafter referred to as AI) has permeated various industrial sectors, significantly transforming organizational dynamics and strategic approaches. The rapid proliferation of information and communication technology (ICT) and the ongoing process of...

Issues linked to the increasing presence of AI-generated content in people's lives, and the importance of being able to effectively navigate and distinguish such content, are inherently linked to transparency, a notion that our study focuses on by evaluating Art. 50 of the AI Act. This article...

In this study, we propose a novel approach to detect supply-side media bias, independent of external factors like ownership or editors' ideological leanings. Analyzing over 100,000 articles from The New York Times (NYT) and The Wall Street Journal (WSJ), complemented by data from 22 million...

With the rise of online video content, especially the growth of online video consumption during the early days of the COVID-19 pandemic, this study focuses on Google's video search as an important but understudied platform to explore Google's role in three media diversity areas - format-type...

In the context of a Critique of the Political Economy of the Media, this article exemplifies the fundamental effects of the globally dominant capitalist private ownership of media companies on media development, journalism, and the public sphere. Selected works by Marx and Engels as well as...

In diesem Beitrag werden im Kontext einer Kritik der politischen Ökonomie der Medien die grundsätzlichen Auswirkungen des weltweit herrschenden kapitalistischen Privateigentums an Medienunternehmen auf Medienentwicklung, Journalismus und Öffentlichkeit exemplarisch aufgezeigt....

FROM THE ARTICLE. *** In their book Manufacturing Consent, Edward Herman and Noam Chomsky argue that the mainstream media functions largely as a propaganda arm for the state. When the war drum beats, the corporate media tows the government’s line, censoring facts that don’t fit the official...

Previous literature has suggested that newspaper publishers should optimize how they advertise their online subscriptions. However, empirical findings on the effectiveness of advertising messages in increasing people’s willingness to pay for such online subscriptions are still rare. Therefore,...

This research examines the impact of the Covid-19 pandemic on the newspaper business model innovation (BMI). The results of this study prove that the impact of the pandemic has a positive effect on BMI. The impact of the pandemic has also been shown to have a positive influence on newspapers...

Does media coverage of a firm have a causal effect on the volatility of its stock price and, if so, is this of aggregate importance? This paper identifies a robust link between media coverage in the Financial Times print newspaper and a firm's intra-day stock price volatility. This effect is not...

This paper quantifies mainstream media coverage of Bitcoin to understand how a once niche interest entered public culture. From 2011 to 2022, five key narratives are identified as criminality, culture, politics, price and technology. Price, politics, and culture have become more prominent in...

Does media coverage of a firm have a causal effect on the volatility of its stock price and, if so, is this of aggregate importance? This paper identifies a robust link between media coverage in the Financial Times print newspaper and a firm’s intra-day stock price volatility. This effect is...

We examine whether the local press is an effective governance mechanism for monitoring and inhibiting financial adviser misconduct. Using local newspaper closure as a negative shock to the local press, we find that financial advisers who are located in counties with newspaper closures are more...

We develop a new monthly indicator of supply bottlenecks using newspaper articles. The supply bottlenecks index (SBI) provides a consistent narrative of supply issues related to wars, natural disasters, strikes and, most recently, the COVID-19 pandemic. Innovations in the SBI have important...

The digitization of content has led to the emergence of platforms that draw information from multiple sources. This paper investigates whether aggregation of content by a single platform encourages users to “skim” content or to investigate it in depth. We study a contract dispute that led a...

We measure immigrant narratives in German newspapers and assign each sentence to one of seven themes. Using natural language processing (NLP) tools and customized dictionaries, we analyze over 100,000 articles. 45 percent of narratives are on Foreign Religion, 23 percent on Cultural Integration,...

Using newly digitized data on the growth of the telegraph network in America during 1840-1852, the paper studies the impacts of the electric telegraph on national elections. I use proximity to daily newspapers with telegraphic connections to Washington to generate plausibly exogenous variation...

With the rise of online video content, especially the growth of online video consumption during the early days of the COVID-19 pandemic, this study focuses on Google's video search as an important but understudied platform to explore Google's role in three media diversity areas - format-type...

Nicht nur die Erforschung des Klimawandels ist komplex, sondern auch die Analyse der Kommunikation über diese Forschung. Kommunikation über den Klimawandel ist nicht nur Wissenschaftskommunikation, sondern schon seit langem mindestens im gleichen Maße politische Kommunikation. Das zeigt sich...