Die Tätigkeit von (Freien) Journalisten ist durch einen hohen Einsatz an Arbeit und Risiko gekennzeichnet. Dazu kommt häufig noch ein geringes Einkommen. Dennoch zeigen empirische Untersuchungen, dass die meisten Journalisten mit ihrem Beruf zufrieden sind und ihn gerne ausüben. Als...

Do new media promote accountability in non-democratic countries, where offline media are often suppressed? We show that blog posts, which exposed corruption in Russian state-controlled companies, had a negative causal impact on their market returns. For identification, we exploit the precise...

This chapter studies situations where media sources deliberately deviate from truthful reporting in order to manipulate electoral outcomes. Media capture occurs when the government actively attempts to influence the media industry. We instead speak of media power when news organizations engage...

The majority of theoretical and empirical studies on the relationship between decentralization and corruption argues that the devolution of power might be a feasible instrument to keep corruption at bay. We argue that this result crucially depends on the possibility to monitor bureaucrat's...

The majority of theoretical and empirical studies on the relationship between decentralization and corruption argues that the devolution of power might be a feasible instrument to keep corruption at bay. We argue that this result crucially depends on the effectiveness of monitoring bureaucrat's...