Does media coverage of a firm have a causal effect on the volatility of its stock price and, if so, is this of aggregate importance? This paper identifies a robust link between media coverage in the Financial Times print newspaper and a firm's intra-day stock price volatility. This effect is not...

Does media coverage of a firm have a causal effect on the volatility of its stock price and, if so, is this of aggregate importance? This paper identifies a robust link between media coverage in the Financial Times print newspaper and a firm’s intra-day stock price volatility. This effect is...

Are editors’ choices of front page news based on the potential complementarities between the news items? This paper studies front page choices made by editors of major newspapers in the US. I document that newspapers front pages are biased to certain combinations of news on top of biased to...

We study the effect of media coverage on individual behaviour during a public health crisis. For this purpose, we collect a unique dataset of 200,000 newspaper articles about the Covid-19 pandemic from Sweden - one of the few countries that did not impose mandatory lockdowns or curfews. We show...