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information if media technology is available because then they do not condition their informational decisions on being pivotal …. The model also shows that the quality of media coverage is inefficiently low because voters have incentives to free …
Persistent link: https://www.econbiz.de/10010877742
How do the media affect public support for democratic institutions in a fragile democracy? What role do they play in a …
Persistent link: https://www.econbiz.de/10011272620
Does internet use trigger sex crime? We use unique Norwegian data on crime and internet adoption to shed light on this question. A public program with limited funding rolled out broadband access points in 2000–2008, and provides plausibly exogenous variation in internet use. Our instrumental...
Persistent link: https://www.econbiz.de/10010556077
market shares. We show that advertisement levels depend neither on the media price nor on the location of the media firm. An … increase in advertising revenues does not change location but only the media price. If the distribution of consumers is … asymmetric, market shares will be asymmetric as well, and the media firm with the larger market share charges the higher media …
Persistent link: https://www.econbiz.de/10005029256
This paper presents a model of media competition with free entry when media operators are financed both from … antagonist, is different if media operators impose a price or a quantity to advertisers. When consumers dislike advertising …, media operators are better off setting an advertising price than an advertising quantity. We establish a relationship …
Persistent link: https://www.econbiz.de/10005405759
We document that trust in public institutions—and particularly trust in banks, business and government—has declined over recent years. U.S. time series evidence suggests that this partly reflects the pro-cyclical nature of trust in institutions. Cross-country comparisons reveal a clear...
Persistent link: https://www.econbiz.de/10008872215
margin. The skill distribution is continuous, and, for each skill level, the distribution of migration cost is also … migration is decreasing in the skill level. When the semi-elasticity of migration is increasing in the skill level, either … negative. Numerical simulations are calibrated using plausible values of the semi-elasticity of migration for top income …
Persistent link: https://www.econbiz.de/10010877657
indicate that income taxes are a significant pull factor for international migration decisions. The same is true with respect … to intra-national migration. However, dominance analysis suggests that the relative impact of taxes compared to other …
Persistent link: https://www.econbiz.de/10010877741
We develop a heterogeneous-firms model with trade in goods, labor mobility and credit constraints due to moral hazard. Mitigating financial frictions reduces the incentive of high-skilled workers to migrate to one region such that an unequal distribution of industrial activity becomes less...
Persistent link: https://www.econbiz.de/10010877832
distance-related migration costs cannot explain the lower distance sensitivity of educated and risk-loving individuals. …
Persistent link: https://www.econbiz.de/10010877921