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Do Newspapers Matter? Short-run and Long-run Evidence from the Closure of The Cincinnati Post

Schulhofer-Wohl, Sam - 2009

daily newspaper in the market. The next year, fewer candidates ran for municipal office in the Kentucky suburbs most reliant …

Persistent link: https://www.econbiz.de/10012463830

The Rise of the Fourth Estate : How Newspapers Became Informative and Why It Mattered

Gentzkow, Matthew Aaron; Goldin, Claudia; Glaeser, Edward L. - National Bureau of Economic Research - 2004

nineteenth century U.S. newspapers were often public relations tools funded by politicians, and newspaper independence was a … rarity. The newspaper industry underwent fundamental changes between 1870 and 1920 as the press became more informative and … informative press was the result of increased scale and competitiveness in the newspaper industry caused by technological progress …

Persistent link: https://www.econbiz.de/10012467899

Business News and Business Cycles

Bybee, Leland; Kelly, Bryan T.; Manela, Asaf; Xiu, Dacheng - National Bureau of Economic Research - 2021

We propose an approach to measuring the state of the economy via textual analysis of business news. From the full text of 800,000 Wall Street Journal articles for 1984-2017, we estimate a topic model that summarizes business news into interpretable topical themes and quantifies the proportion of...

Persistent link: https://www.econbiz.de/10012660022

Media Coverage of Political Scandals

Puglisi, Riccardo - 2008

We analyze the coverage of U.S. political scandals by U.S. newspapers during the past decade. Using automatic keyword-based searches we collected data on 35 scandals and approximately 200 newspapers. We find that Democratic-leaning newspapers -- i.e., those with a higher propensity to endorse...

Persistent link: https://www.econbiz.de/10012464051

Death and the Media : Asymmetries in Infectious Disease Reporting During the Health Transition

Costa, Dora L. - 2015

In the late 19th Century, cities in Western Europe and the United States suffered from high levels of infectious disease. Over a 40 year period, there was a dramatic decline in infectious disease deaths in cities. As such objective progress in urban quality of life took place, how did the media...

Persistent link: https://www.econbiz.de/10012457594

(Almost) 200 Years of News-Based Economic Sentiment

Binsbergen, Jules H. van; Bryzgalova, Svetlana; … - National Bureau of Economic Research - 2024

Using text from 200 million pages of 13,000 US local newspapers and machine learning methods, we construct a 170-year-long measure of economic sentiment at the country and state levels, that expands existing measures in both the time series (by more than a century) and the cross-section. Our...

Persistent link: https://www.econbiz.de/10014468226

War Discourse and the Cross Section of Expected Stock Returns

Hirshleifer, David; Mai, Dat; Pukthuanthong, Kuntara - National Bureau of Economic Research - 2023

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...

Persistent link: https://www.econbiz.de/10014322736

The Electric Telegraph, News Coverage and Political Participation

Wang, Tianyi - National Bureau of Economic Research - 2023

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...

Persistent link: https://www.econbiz.de/10014322855

War Discourse and Disaster Premia : 160 Years of Evidence from Stock and Bond Markets

Hirshleifer, David; Mai, Dat; Pukthuanthong, Kuntara - National Bureau of Economic Research - 2023

Using a semi-supervised topic model on 7,000,000 New York Times articles spanning 160 years, we test whether topics of media discourse predict future stock and bond market returns to test rational and behavioral hypotheses about market valuation of disaster risk. Focusing on media discourse...

Persistent link: https://www.econbiz.de/10014287305

Who Benefits Whom in Daily Newspaper Markets?

George, Lisa - 2000

daily newspapers in the US. We find that, in their capacity as newspaper consumers, members of each group benefits …

Persistent link: https://www.econbiz.de/10012470792

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