Showing 1 - 10 of 65
This paper investigates the dynamic linkages between portfolio flows and various news indices (based on both "positive" and "negative" news headlines collected from Bloomberg), whilst also controlling for a comprehensive set of push and pull factors. The monthly panel examined comprises 49...
Persistent link: https://www.econbiz.de/10012840701
contains information not captured by the hard economic indicators, and that the news-based data are particularly informative …
Persistent link: https://www.econbiz.de/10013315147
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...
Persistent link: https://www.econbiz.de/10014260707
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 Even when published research has been retracted and refuted by the scientific community, it may continue to be a source of misinformation.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...
Persistent link: https://www.econbiz.de/10014262577
We examine how the evaluation of research studies in economics depends on whether a study yielded a null result. Studies with null results are perceived to be less publishable, of lower quality, less important, and less precisely estimated than studies with significant results, even when holding...
Persistent link: https://www.econbiz.de/10013353388
program designed to save jobs and prevent bankruptcies. The information treatment significantly reduces support for the …
Persistent link: https://www.econbiz.de/10013427711
contribution is to develop a new theoretically-grounded approach for estimating the marginal value of information and we apply it … to establish the social value of improving hurricane forecasts. On the margin, the value of hurricane information is …
Persistent link: https://www.econbiz.de/10013470308
misperceive the performance of their state's education system. Experimentally providing performance information polarizes citizens …' educational performance. Parliamentarians' support for the transparency policy is opportunistic: Performance information increases … educational performance information may incentivize politicians to implement welfare-enhancing reforms. …
Persistent link: https://www.econbiz.de/10014290202
How do households adjust their spending behavior in response to changes in home price expectations? We conduct a field experiment with a sample of Americans that links survey data on home price expectations to actual spending behaviour as measured in a rich home-scanner dataset. In the...
Persistent link: https://www.econbiz.de/10014377425
This paper provides experimental evidence on the electoral effect of a large education reform in a developing democracy. Despite significantly improving school quality, the policy reduced the incumbent party's presidential vote share by 3 percentage points (10%). This does not imply that voters...
Persistent link: https://www.econbiz.de/10014377607