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This paper, "Do Newspapers Serve the State? Incumbent Party Influence on the US Press, 1869-1928" to which these Appendices apply is available at the following URL: "http://ssrn.com/abstract=2089455" http://ssrn.com/abstract=2089455
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We formulate a test of the fungibility of money based on parallel shifts in the prices of different quality grades of a commodity. We embed the test in a discrete-choice model of product quality choice and estimate the model using panel microdata on gasoline purchases. We find that when gasoline...
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We study the competitive forces that shaped ideological diversity in the US press in the early twentieth century. We find that households preferred like-minded news and that newspapers used their political orientation to differentiate from competitors. We formulate a model of newspaper demand,...
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