This paper investigates the impact of the media on the allocation of humanitarian aid. We analyze the emergency assistance provided by four Belgian aid organizations to disasters that occurred from 2002 until 2004 and the media coverage of these disasters by two Belgian newspapers. We find a...

We develop a simple theoretical model that explains the slant towards negative coverage in news media. In a framework where news is informative and consumers are risk averse, diminishing marginal utility implies that information about a negative income shock is more valuable than information...

This paper investigates how the choice of public expenditure instrument is affecting capture in the public education sector. We analyze data on two public funding schemes in Madagascar. We find that there is much more capture of in-kind transfers than of cash transfers. Capture of both...

While the availability of information has increased rapidly, the public is still considered poorly informed. This paper contributes to the emerging field of media economics by studying how the demand side of the media market affects news production and consumption. We show that consumers are...