دانلود مقاله ISI انگلیسی شماره 139445
کد مقاله سال انتشار مقاله انگلیسی ترجمه فارسی تعداد کلمات
139445 2018 50 صفحه PDF سفارش دهید 14031 کلمه
خرید مقاله
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عنوان انگلیسی
Effects of unemployment news on economic perceptions – Evidence from German Federal States
منبع

Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)

Journal : Regional Science and Urban Economics, Volume 68, January 2018, Pages 172-190

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چکیده انگلیسی

This study investigates whether news coverage about unemployment affects people's perceptions of the state of the economy. I compile a German state-level data set, based on household surveys and information obtained from analyzing 35 newspapers. The data are used to separate media effects from real economic consequences, taking advantage of two sources of exogenous variation. First, I exploit the salience of “milestones” in the number of unemployed. The news value of these milestones, which is not based on economic fundamentals, causes the media to report more about unemployment than usually. Second, I show that the amount of reports decreases when competing newsworthy events occur at the time of the release of the monthly unemployment statistics. Instrumental variable estimates indicate that a one standard deviation increase in coverage accounts for about a quarter of the average monthly change in the index of economic perceptions.

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