Hirsch, Patrick; Feld, Lars P.; Köhler, Ekkehard A.; … - 2024
European debt crisis, we analyze the role of television news in the rise and re-convergence of GIIPS bond spreads vis …) in spreads. Content-based endogenous clustering of news highlights the importance of news about institutions providing … stability and “international financial support” to distressed countries in reducing bond spreads. Moreover, weekend news enables …