Information conveyed through news media influences political behavior. But to what extent are media markets themselves shaped by political determinants? We build a novel panel dataset of newspaper markets in India from 2002 to 2017 to measure the impact of changes in apportionment on the...

Sie finden meist ohne große öffentliche Aufmerksamkeit statt und betreffen nur eine kleine Beschäftigtengruppe: die Tarifverhandlungen für Redakteur:innen an Tageszeitungen. Das heißt aber nicht, dass sie schnell, unkompliziert und konfliktfrei über die Bühne gehen. Im Gegenteil: In den...

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...

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 study extracts signals from more than 530,000 news articles from 15 large Swiss newspapers to measure economic sentiment in Switzerland. Economic sentiment includes consumer sentiment and business sentiment. The research period for the text sentiment analysis ranges from 2016 to 2022, so...

This study introduces a novel approach to dictionary-based sentiment analysis that extracts valuable insights from economic newspaper articles in the euro area without requiring article translation. We develop sentiment indices that accurately measure economic, labour, and inflation perceptions...

This study introduces a novel approach to dictionary-based sentiment analysis that extracts valuable insights from economic newspaper articles in the euro area without requiring article translation. We develop sentiment indices that accurately measure economic, labour, and inflation perceptions...

In this paper, I investigate how inflation signals from different types of newspapers influence household inflation expectations in Germany. Using text data and the large language model GPT-3.5-turbo-1106, I construct newspaper-specific indicators and find significant heterogeneity in their...

This article estimates the subjective well‐being of the oasis, peripheral and border region of Drâa‐Tafilalet in Morocco through sentiment analysis of its media coverage. We extracted nearly 174,000 articles published between October 1991 and September 2020 from the website of a Moroccan...

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...

Recent decades have seen major changes to the local media environment in the United States, with the absorption of many formerly independent local TV stations into conglomerates. Using a comprehensive dataset of acquisitions, we examine the effects of ownership by the three largest television...

This paper uses quantitative and qualitative text analysis methods to study the discourse surrounding Germany's current account surplus across seven national newspapers. The results of the analysis highlight that the German surpluses are a contested discursive subject across the different...

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...

This paper investigates the effects of inflation news coverage on market-based inflation expectations and outcomes in the inflation-protected securities market. We employ a large corpus of news headlines from top U.S. newspapers and market data on the U.S. yield curve and inflation-protected...

We study social mobility by exploiting a newly collected dataset of the surnames contained in local newspapers during almost a century in the Italian Province of Modena (NUTS-3 level). Under the hypothesis that the surnames that appear in the newspapers have a particular social relevance,...

A war-related factor model derived from textual analysis of media news reports explains the cross section of expected asset returns. Using a semi-supervised topic model to extract discourse topics from 7,000,000 New York Times stories spanning 160 years, the war factor predicts the cross section...

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...

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,...