Skip to main navigation Skip to main content
info(at)avldigital.remove-this.de
Deutsch English
Last searches

Results for *

Displaying results 1 to 6 of 6.

  1. Small firms as a blind spot in Greek austerity economics
    Author: Lyberaki, Antigone; Tēnios, Platōn
    Published: August 2017
    Publisher:  Communications and Engagement Unit, Institute of Development Studies, Brighton, UK

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Content information
    Volltext (kostenfrei)
    Volltext (kostenfrei)
    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9781781183793
    Series: IDS working paper ; volume 2017, no 491
    Subjects: Greece; austerity; small family businesses; economic crisis; Dutch disease; Eurozone crisis
    Scope: 1 Online-Ressource (circa 31 Seiten), Illustrationen
  2. Media capture by banks
    Author: Durante, Ruben; Fabiani, Andrea; Laeven, Luc; Peydró, José-Luis
    Published: April 2022
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    Do media slant news in favor of the banks they borrow from? We study how lending connections affect news coverage of banks earnings reports and of the Eurozone sovereign debt crisis on major newspapers from several European countries. We find that... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 4
    Inter-library loan:
    No inter-library loan

     

    Do media slant news in favor of the banks they borrow from? We study how lending connections affect news coverage of banks earnings reports and of the Eurozone sovereign debt crisis on major newspapers from several European countries. We find that newspapers cover announcements by their lenders - relative to those of other banks - significantly more when they report profits than when they report losses. Such pro-lender bias is stronger for more leveraged outlets and banks, and operates on the extensive margin for general-interest newspapers and on the intensive margin for financial newspapers. Regarding the Eurozone crisis we find that newspapers connected to banks more exposed to stressed sovereign bonds are more likely to promote a narrative of the crisis favorable to banks and to oppose debt-restructuring measures detrimental to creditors. Our findings support the concern that financial distress and increased dependence on creditors may undermine media companies' editorial independence.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/263430
    Series: Discussion paper series / IZA ; no. 15214
    Subjects: media bias; banks; newspapers; earnings reports; Eurozone crisis
    Scope: 1 Online-Ressource (circa 59 Seiten), Illustrationen
  3. Media capture by banks
    Author: Durante, Ruben; Fabiani, Andrea; Laeven, Luc; Peydró, José-Luis
    Published: December 2021
    Publisher:  Universitat Pompeu Fabra, Department of Economics and Business, Barcelona

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 574
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Economics working paper series ; no. 1817
    Subjects: Media bias; Banks; Newspapers; Earnings reports; Eurozone crisis
    Scope: 1 Online-Ressource (circa 56 Seiten), Illustrationen
  4. The Troika’s variations on a trio
    why the loan programmes worked so differently in Greece, Ireland, and Portugal
    Author: Hardiman, Niamh; Araújo, Joaquim Filipe F. E. de; MacCarthaigh, Muiris; Spanou, Calliope
    Published: October 2017
    Publisher:  UCD Geary Institute for Public Policy, Dublin

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Content information
    Volltext (kostenfrei)
    Volltext (kostenfrei)
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: UCD Geary Institute for Public Policy discussion paper series ; Geary WP2017, 11 (October 17, 2017)
    Subjects: Loan programme; Eurozone crisis; Troika; European periphery; conditionality
    Scope: 1 Online-Ressource (circa 30 Seiten)
  5. "Whatever it takes!"
    how tonality of TV-news affects government bond yield spreads during crises
    Author: Hirsch, Patrick; Köhler, Ekkehard A.; Feld, Lars P.; Thomas, Tobias
    Published: 2020
    Publisher:  Walter Eucken Institut, [Freiburg i. Br.]

    Are government bond risk premia affected by TV news in addition to the effect of the original event reported? We analyze 1,209,566 human-coded news items from newscasts aired by leading TV stations in Europe and the US between January 2007 and... more

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 24
    Inter-library loan:
    No inter-library loan

     

    Are government bond risk premia affected by TV news in addition to the effect of the original event reported? We analyze 1,209,566 human-coded news items from newscasts aired by leading TV stations in Europe and the US between January 2007 and November 2016. We establish causality using instrumental variables that attract media attention and crowd out media coverage on Eurozone related news. We find FIFA and UEFA tournaments as well as major natural disasters and airplane crashes as valid instruments for the empirical analysis. The results show that an exogenous variation in the share of Eurozone related news affects bond spreads. A one percentage point increase in the share of Eurozone related news leads to -7.6 basis points lower bond spreads. Taking the tonality of the news into account paints a more differentiated picture: A one percent higher share of positive Eurozone related news leads to -69.7 basis points lower bond spreads, whereas a one percentage point higher share of negative country-specific news is related to 2.5 basis points higher bond spreads.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/229201
    Series: Freiburger Diskussionspapiere zur Ordnungsökonomik ; 20, 9
    Subjects: Media bias; TV Newscasts; Tonality; Eurozone crisis; GIIPS bond yield spreads
    Scope: 1 Online-Ressource (circa 56 Seiten), Illustrationen
  6. "Whatever It Takes!"
    how tonality of TV-news affected government bond yield spreads during the European debt crisis
    Author: Hirsch, Patrick; Feld, Lars P.; Köhler, Ekkehard A.; Thomas, Tobias
    Published: February 2024
    Publisher:  CESifo, Munich, Germany

    Were government bond risk premia affected by the media in addition to the effects of major events? Revisiting the European debt crisis, we analyze the role of television news in the rise and re-convergence of GIIPS bond spreads vis-à-vis Germany from... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 63
    Inter-library loan:
    No inter-library loan

     

    Were government bond risk premia affected by the media in addition to the effects of major events? Revisiting the European debt crisis, we analyze the role of television news in the rise and re-convergence of GIIPS bond spreads vis-à-vis Germany from 2007 to 2016. We use a dataset of more than one million human-coded news items from leading newscasts worldwide to identify over 25,000 news on the Eurozone and country-specific economic topics. Our findings emphasize the relevance of the tonality of news, such that an increasing share of positive (negative) news correlates with a decrease (increase) in spreads. Content-based endogenous clustering of news highlights the importance of news about institutions providing stability and “international financial support” to distressed countries in reducing bond spreads. Moreover, weekend news enables us to establish a causal link between country-specific news coverage and changes in spreads on the subsequent trading day.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/296069
    Series: CESifo working papers ; 10980 (2024)
    Subjects: media coverage; TV newscast; tonality; Eurozone crisis; GIIPS bond yield spreads
    Scope: 1 Online-Ressource (circa 45 Seiten), Illustrationen