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...

We study the impact of the first American party committed to redistribution from rich to poor on anti-Black media content in the 1890s. The Populist Party sought support among poor farmers, regardless of race, providing the segregationist Democratic establishment in the South with an incentive...

This study uses data from the 2005-10 British Election Panel Study to examine the effect of media coverage on voter evaluations of the incumbent government following the 2007-8 financial crisis. By combining sentiment analysis of newspaper content with an instrumental variables approach, I show...

The rise of opinion programs has transformed television news. Because they present anchors' subjective commentary and analysis, opinion programs often convey conflicting narratives about reality. We experimentally document that people across the ideological spectrum turn to opinion programs over...

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...

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...

This paper outlines the importance and role of non-product-related brand attributes, e.g., user imagery and usage imagery, in local news media content consumption by a younger audience aged 15-24. Due to technological developments, new media content consumption patterns have emerged. New...

We examine how terrorism alters the demand for education through perceived risks and returns by relating terrorist attacks to media signal coverage and schooling in Kenya. Exploiting geographical and temporal variation in wireless signal coverage and attacks, we establish that media access...

The aim of this paper is to relate innovation with the broadcasters' business model, by way of a bibliometric and review analysis. This comprises to study how they have incorporated the innovation and the effect of a disruptive innovation (as the Internet and other technologies) in their...

This paper presents a simple formal theoretical model to explain why citizens in authoritarian regimes trust the illiberal official media more than the commercial media. Media trust is defined as changes in the citizen's belief based on good or bad news from the media. Using this definition, the...

While research on traditional media brands has increased in recent years, few studies examine news media brands and their brand strategies, particularly distinctive brand associations unrelated to media brand content and their impact on audience media brand choice and attention. Numerous studies...

R&D manipulation prevails in firms' application for high-tech enterprise certification. This paper provides evidence on how media coverage significantly inhibits firms' R&D manipulation behaviour by increasing citizens' concerns. Among all the media reports, original reports and in-depth reports...

The dynamics of online news and political outcomes have been of high interest in various research fields in recent years. This paper provides a new method to estimate media bias using a structural topic model and cosine similarity to test slanting toward different political actors. For the...

A sizable literature on media bias suggests that media coverage is frequently biased towards certain political and economic positions. However, we know little about what drives variation in political and ideological bias in news coverage across countries. In this paper, we argue that...

This paper analyzes the implications of those types of interventions that affect misreporting costs. I study a model of communication between an uninformed voter and a media outlet that knows the quality of two competing candidates. The alternatives available to the voter are endogenously...

Do media slant news in favor of the banks they borrow from? We study how lending connections affect news coverage of banks earnings reports and of the Eurozone sovereign debt crisis on major newspapers from several European countries. We find that newspapers cover announcements by their lenders...

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...

In an election over two policies, public mood swings whereby voters move ideologically towards a particular policy should never hurt its electoral performance. We find that this fundamental monotonicity property of preference aggregation cannot be guaranteed in the presence of a commercial...

The purpose of this study is to empirically examine the relation between a target firm’s media coverage (measured by degree of media coverage, positive and negative media coverage) and various takeover characteristics. We find that media coverage is negatively associated with the takeover...

This study investigates whether and how local air pollution shapes firm managers’ mobility when mass media raising public awareness. To establish causality, we introduce an exogenous shock of spatial changes for air pollution by conducting spatial regression discontinuity (RD) analyses across...

We build a model of media bias in which consumers with heterogeneous beliefs do not know whether the media firm (i) is biased and (ii) has received an informative signal (“news”). The firm submits a report to consumers, who may in turn invest in verification and leave if supposed news is...

Present paper is to understand the impact of OTT media service consumption on the use of the internet and comparing OTT service consumption and internet use on the lockdown period against pre-pandemic period.Quarterly secondary data from the year 2019 to 2020 are collected from the Indian...

Information is a powerful tool used in any society and by any nation to create excepted perception of reality. Russian information operations have always been a very interesting example of using various media to manipulate international and domestic opinion in support of national (government)...

Seit Ausbruch der Corona-Pandemie haben sich in den sozialen Medien verschiedenste Verschwörungserzählungen ausgebreitet. Weiterhin werden traditionelle Medien im Allgemeinen stärker genutzt und als deutlich glaubwürdiger eingeschätzt als soziale Medien. Dies zeigt eine Auswertung der im...

This study aims to investigate the unsettled issue of the relationship between CEO duality and a firm’s value through the perspective of investors’ reaction to news which mention apical directors with a single role and Board Chair CEOs. With a unique and hand-collected database of 60,805...

We present an easy to implement measure for the political position of news outlets based on politicians' selective sharing of news items. Politicians predominantly share news items that are in line with their political position, hence, one can infer the political position of news outlets from...

The importance of user-generated content is growing as media consumption is moving online; yet, investigations of media bias on user-generated content platforms are rare. We develop a novel procedure to detect coverage bias - i.e., bias in the amount of coverage certain topics or issues receive -...

The importance of user-generated content is growing as media consumption is moving online; yet, investigations of media bias on user-generated content platforms are rare. We develop a novel procedure to detect coverage bias – i.e., bias in the amount of coverage certain topics or issues receive...

How people form beliefs is crucial for understanding decision-making under uncertainty. This is particularly true in a situation such as a pandemic, where beliefs will affect behaviors that impact public health as well as the aggregate economy. We conduct two survey experiments to shed light on...

We study the impact of the media negativity bias on tax compliance. Through a framed laboratory experiment, we assess how the exposure to biased news about government action affects compliance in a repeated taxation game. Subjects treated with positive news are significantly more compliant than...

In a large-scale online experiment with U.S. Democrats, we examine how the demand for a newsletter about an economic relief plan changes when the newsletter content is fact-checked. We first document an overall muted demand for factchecking when the newsletter features stories from an...

In a large-scale online experiment with U.S. Democrats, we examine how the demand for a newsletter about an economic relief plan changes when the newsletter content is fact-checked. We first document an overall muted demand for fact-checking when the newsletter features stories from an...