State-Dependent Media Focus: Measurement and Economic Implications

Stefan Pitschner and Kristoffer Nimark ()
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Stefan Pitschner: Universitat Pompeu Fabra

No 1030, 2015 Meeting Papers from Society for Economic Dynamics

Abstract: News media provide information about economic conditions to a large part of society and serve as a source of public signals that coordinate beliefs and decisions. We document how the focus of news media shifts over the business cycle and discuss the implications for the ability of economic agents to coordinate their actions.

Date: 2015
New Economics Papers: this item is included in nep-bec and nep-cul
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Persistent link: https://EconPapers.repec.org/RePEc:red:sed015:1030

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