We delve into Venezuela's 2018-2019 hyperinflation episode to examine the policy constraints autocratic governments face during extreme economic distress. We develop a simple model that reflects dynamics in a segmented foreign exchange (FX) market and allows us to understand how media coverage...

Using the variation in national television news of four major member states in the Eurozone, we find causal effects of coverage of high-frequency identified monetary policy announcements on households' inflation expectations in an event study and a generalized Difference-in-Differences approach...

Der Wohnungsmarkt hat in den vergangenen Jahrzehnten sowohl in der politischen Debatte als auch in der medialen Berichterstattung immer wieder eine zentrale Rolle gespielt. Dieser Wochenbericht analysiert die Plenarprotokolle und Drucksachen des Deutschen Bundestags von 1950 bis 2024 und...

We delve into Venezuela's 2018-2019 hyperinflation episode to examine the policy constraints autocratic governments face during extreme economic distress. We develop a simple model that reflects dynamics in a segmented foreign exchange (FX) market and allows us to understand how media coverage...

Flamino et al. (2023) estimate the levels of ideological polarization and echo chamber behavior for Twitter (now X) users during the 2016 and 2020 U.S. presidential elections using political bias classification and network analysis methods. Using 873 million tweets, they find a decline in the...

Der Wohnungsmarkt hat in den vergangenen Jahrzehnten sowohl in der politischen Debatte als auch in der medialen Berichterstattung immer wieder eine zentrale Rolle gespielt. Dieser Wochenbericht analysiert die Plenarprotokolle und Drucksachen des Deutschen Bundestags von 1950 bis 2024 und...

How does the media bias the news? And in particular, how much does it cost owners to ensure that journalists comply with their stance? We compile a unique dataset of journalists and guests appearing on French television and radio shows between 2002 and 2020 to quantify the role played by...

We exploit the introduction of an open data online platform - part of a transparency program initiated by the Italian Government in late 2014 - as a natural experiment to analyse the effect of data disclosure on mayors' expenditure and public good provision. First, we analyse the effect of the...

In this paper, we investigate the economic consequences of mass shootings. We find that shootings have negative effects on targeted counties' economies. Estimates using three different comparison groups yield similar results. Examining the mechanisms, we find that residents of targeted areas:...

Flawed research can be harmful both within and outside of academia. Even when published research has been retracted and refuted by the scientific community, it may continue to be a source of misinformation. The media can play an important role in drawing broader attention to research, but may...

This paper examines the role of local TV market structure in US congressional politics, exploiting variation in the overlaps of political markets and TV markets. Local TV stations are hypothesized to report relatively more per US House representative in less populous markets (where the number of...

Russia has become more integrated and therefore significantly dependent on global developments over the last decades, despite being ruled by an increasingly autocratic regime. How does Russian media cover the associated economic and policy challenges? To answer, we use the economic policy...

This paper analyzes the effects of monetary stance on the media's favorable (or otherwise) attitude to the State Bank of Viet Nam's (SBV) monetary policy using monthly data from 2011 to 2021. Monetary stance is a multivariate index based on the growth rates of money supply and domestic credit. A...

Die Forderung nach mehr gesellschaftlicher Wertschätzung der Landwirtschaft hat innerhalb, aber auch außerhalb der Branche in den vergangenen Jahren wiederholt öffentliche Aufmerksamkeit erfahren. Der folgende Beitrag untersucht, in welchem Ausmaß wertschätzende Kommunikation im...

Were government bond risk premia affected by the media in addition to the effects of major events? Revisiting the European debt crisis, we analyze the role of television news in the rise and re-convergence of GIIPS bond spreads vis-à-vis Germany from 2007 to 2016. We use a dataset of more than...

Research Summary: Prior research indicates that negative media coverage of business activities encourages a firm to engage in strategic change, but the conditions for this strategic focus have drawn less scholarly attention. Considering a firm's business model design (BMD) with distinct sources...

This study provides an analysis of the current landscape of public news media financing within EU Member States. The study maps public funding and financing measures supporting news media, provides an analysis of financing trends and identifies needs in the current information ecosystem. At an...

The tremendous rise of artificial intelligence and the use of ChatGPT enables the unprecedented rapid spread of various messages. The fundamental problem at present is the spread of false, unverified news and information known as fake news. This great challenge of the modern world causes...

The proliferation of fake news poses a growing global threat, affecting politics, individual decision-making, and economic outcomes. This column discusses how informing individuals about their susceptibility to fake news affects their willingness to pay to protect themselves from misinformation....