The messenger of inflation -- how media change political competition
Paulo Mourão
Applied Economics Letters, 2013, vol. 20, issue 3, 267-271
Abstract:
Voters do not like bad economic news, especially rising inflation rates. How voters learn about this news, not simply the news itself, can affect electoral behaviour. This article reports a study of media and electoral behaviour between 1960 and 2006 in 70 democratic states. It demonstrates that high inflation rates, combined with intense media coverage, resulted in more political competition and tight electoral races. Our detailed results show that European (EU-27) voters are more sensitive to television and radio coverage than they are to printed press coverage of negative economic news when compared with non-European electorates.
Date: 2013
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DOI: 10.1080/13504851.2012.690843
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