Search Results - subject:"Media coverage"

The Incremental Value Relevance of Media Coverage of Earnings Announcements : Evidence from the Trading of Short Sellers

Rees, Lynn L. - 2019

We investigate the relation between media coverage and the trading behavior of short sellers around earnings … short selling. This evidence is consistent with media coverage disseminating incremental value relevant information to … provided in media coverage preceding the earnings announcement. Our findings are consistent with the media facilitating the …

Persistent link: https://www.econbiz.de/10012900935

Is There Within-outlet Demand for Media Slant? Evidence from US Presidential Campaign News

Garz, Marcel - 2019

Variation in political slant across media outlets, and demand for such slant, has been studied extensively. We conduct a novel within-outlet (and within-topic) analysis of the demand for "congenially" slanted news. We study so-called horse race news from six major online outlets for the 2012 and...

Persistent link: https://www.econbiz.de/10012901472

Hedging Climate Change News

Engle, Robert F. - 2019

We propose and implement a procedure to dynamically hedge climate change risk. We extract innovations from climate news series that we construct through textual analysis of newspapers. We then use a mimicking portfolio approach to build climate change hedge portfolios. We discipline the exercise...

Persistent link: https://www.econbiz.de/10012866389

Using Social Media and News Sentiment Data to Construct a Momentum Strategy

Shi, Yuke - 2019

Momentum strategy is one of the most popular strategies that market participants use to make investment decisions. In the past two decades, many researchers have shown that momentum strategy beats the market, and provides attractive portfolio returns. In this study we investigate Dow Jones...

Persistent link: https://www.econbiz.de/10012868250

Does Fake News Affect Voting Behaviour?

Cantarella, Michele - 2019

Over the last decade, the erosion of trust in public institutions and traditional media sources have been proceeding in parallel. As recent developments in media consumption have led to a proliferation of politically charged online misinformation, it is no wonder that many have been questioning...

Persistent link: https://www.econbiz.de/10012868575

What's the Talk in Brussels? Leveraging Daily News Coverage to Measure Issue Attention in the European Union

Ovadek, Michal - 2019

Research on issue attention in the European Union has focused on the prominence of EU integration in domestic politics and media and, at EU level, on the salience of individual issues and legislative files, often in relation to lobbying. Existing EU-level measures of issue saliency, though, are...

Persistent link: https://www.econbiz.de/10012869734

Sectoral Media Focus and Aggregate Fluctuations

Chahrour, Ryan - 2019

We formalize the editorial role of news media in a multi-sector economy and show that media can be an independent source of business cycle fluctuations, even when the information they report is accurate. Our approach tightly links agents' beliefs to real economic developments and allows for...

Persistent link: https://www.econbiz.de/10012860329

Hedging Climate Change News

Engle, Robert F, III. - 2019

We propose and implement a procedure to dynamically hedge climate change risk. To create our hedge target, we extract innovations from climate news series that we construct through textual analysis of high-dimensional data on newspaper coverage of climate change. We then use a mimicking...

Persistent link: https://www.econbiz.de/10012479685

Electoral Competition with Fake News

Grossman, Gene M. - 2019

Misinformation pervades political competition. We introduce opportunities for political candidates and their media supporters to spread fake news about the policy environment and perhaps about parties' positions into a familiar model of electoral competition. In the baseline model with full...

Persistent link: https://www.econbiz.de/10012480353

The economics of mass shootings

Brodeur, Abel; Yousaf, Hasin - 2019

increase absenteeism. Last, we employ an instrumental variable strategy and show that national media coverage of mass shootings …

Persistent link: https://www.econbiz.de/10012130238