This paper empirically explores the link between mass media coverage of migration and immigration worries. Using detailed data on media coverage in Germany, we show that the amount of media reports regarding migration issues is positively associated with concerns about immigration among the...

This article empirically investigates the relationship between TV news coverage on the eurocrisis and the GIIPS countries bond yield spreads with daily data between January 1, 2007 and December 1, 2016. We use 1,542,233 human coded news items from evening news shows of leading TV stations in 12...

Während der Sachverständigenrat die vollständige Abschaffung des Solidaritätszuschlags nach dem Auslaufen des Solidarpakts II empfiehlt, sieht der Koalitionsvertrag der Bundesregierung lediglich vor, die Einkommensteuer teilweise vom Zuschlag zu befreien. Die Simulationen beider...

As the rise of populist and right-wing political movements is connected to extensive media coverage, the question arises whether media report more on political parties because of their success or if their success is caused by media reports. To tackle this question, we investigate how media...

This contribution introduces a new direct measure of political media bias by analyzing articles and newscasts with respect to the tonality on political parties and politicians. On this basis we develop an index sorting the media in the political left to right spectrum. We apply the index to...

Die aktuelle Diskussion um die Ausgestaltung der wirtschaftswissenschaftlichen Politikberatung und die zum Teil harsche Kritik von Politikern am Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung in jüngster Zeit lenkt den Blick auf den Einfluss von Ökonomen auf die...

The “FAZ Economists Ranking”, which considers not only economists’ research output but also their political and public influence, shows that there are very few economists currently doing research that has been taken up widely in the research community, in the media and by policy makers....

Conspicuous consumption of luxuries plays a central role in the work of Thorstein B. Veblen. More recently, interpersonal effects have emerged as an important factor in consumption theory. However, the inadequate modelling of individuals' interaction often leads to questionable results with...

In economic literature comparisons between the American and German Council of Economic Advisors lead to the result that the American Council works quite well, whereas the German Council is broadly criticised. Taking a closer look these conclusions are disputable. Therefore, in this contribution...

This contribution provides a game theoretical derivation of market demand as a function of the level and distribution of income in the considered economy: if (i) the price is low, everyone buys the good; if (ii ) the price is high, only the rich buy the good (a status good in a narrow sense). If...