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Threats to Central Bank Independence : High-Frequency Identification with Twitter

Bianchi, Francesco - 2019

This paper presents market-based evidence that President Trump influences expectations about monetary policy. We use tick-by-tick fed funds futures data and a collection of Trump tweets criticizing the conduct of monetary policy and consistently advocating that the Fed lower interest rates....

Persistent link: https://www.econbiz.de/10012480253

The Production and Consumption of Social Media

Filippas, Apostolos; Horton, John J. - National Bureau of Economic Research - 2021

We model social media as collections of users producing and consuming content. Users value consuming content, but doing so uses up their scarce attention, and hence they prefer content produced by more able users. Users also value receiving attention, creating the incentive to attract an...

Persistent link: https://www.econbiz.de/10012510545

Using Social Media to Identify the Effects of Congressional Partisanship on Asset Prices

Bianchi, Francesco; Kung, Howard; Cram, Roberto Gómez - National Bureau of Economic Research - 2021

We measure the individual and collective viewpoints of US Congress members on various economic policies by scraping their Twitter accounts. Tweets that criticize (support) a particular company are associated with a significant negative (positive) stock price reaction in a narrow time window...

Persistent link: https://www.econbiz.de/10012510628

Digital Addiction

Allcott, Hunt; Gentzkow, Matthew Aaron; Song, Lena - National Bureau of Economic Research - 2021

Many have argued that digital technologies such as smartphones and social media are addictive. We develop an economic model of digital addiction and estimate it using a randomized experiment. Temporary incentives to reduce social media use have persistent effects, suggesting social media are...

Persistent link: https://www.econbiz.de/10012585420

Media and Social Capital

Campante, Filipe R.; Durante, Ruben; Tesei, Andrea - National Bureau of Economic Research - 2021

We survey the empirical literature in economics on the impact of media technologies on social capital. Motivated by a simple model of information and collective action, we cover a range of different outcomes related to social capital, from social and political participation to interpersonal...

Persistent link: https://www.econbiz.de/10012629450

Doctors' and Nurses' Social Media Ads Reduced Holiday Travel and COVID-19 Infections : A Cluster Randomized Controlled Trial

Breza, Emily; Stanford, Fatima Cody; Alsan, Marcella; … - National Bureau of Economic Research - 2021

During the COVID-19 epidemic, many health professionals started using mass communication on social media to relay critical information and persuade individuals to adopt preventative health behaviors. Our group of clinicians and nurses developed and recorded short video messages to encourage...

Persistent link: https://www.econbiz.de/10012599311

The Gender Gap in Preferences : Evidence from 45,397 Facebook Interests

Cuevas, Ángel; Cuevas, Ruben; Desmet, Klaus; … - National Bureau of Economic Research - 2021

between men and women changes with a country's degree of gender equality. For preference dimensions that are systematically … biased toward the same gender across the globe, differences between men and women are larger in more gender-equal countries …. In contrast, for preference dimensions with a gender bias that varies across countries, the opposite holds. This finding …

Persistent link: https://www.econbiz.de/10012696360

Does Social Media cause Polarization? Evidence from access to Twitter Echo Chambers during the 2019 Argentine Presidential Debate

Di Tella, Rafael; Galvez, Ramiro H.; Schargrodsky, Ernesto - National Bureau of Economic Research - 2021

We study how two groups, those inside vs those outside echo chambers, react to a political event when we vary social media status (Twitter). Our treatments mimic two strategies often suggested as a way to limit polarization on social media: they expose people to counter-attitudinal data, and...

Persistent link: https://www.econbiz.de/10012696367

Terrorist Attacks, Cultural Incidents and the Vote for Radical Parties : Analyzing Text from Twitter

Giavazzi, Francesco - 2020

We study the role of perceived threats from cultural diversity induced by terrorist attacks and a salient criminal event on public discourse and voters' support for far-right parties. We first develop a rule which allocates Twitter users in Germany to electoral districts and then use a machine...

Persistent link: https://www.econbiz.de/10012479348

Social Connectedness in Urban Areas

Bailey, Michael - 2019

We use anonymized and aggregated data from Facebook to explore the spatial structure of social networks in the New York metro area. We highlight the importance of transportation infrastructure in shaping urban social networks by showingthat travel time and travel costs are substantially stronger...

Persistent link: https://www.econbiz.de/10012479369

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