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Beeinflussen Wirtschaftsnachrichten auch Wirtschaftserwartungen von Experten?
- Source :
- Studies in Communication Sciences. 13:174-184
- Publication Year :
- 2013
- Publisher :
- Elsevier BV, 2013.
-
Abstract
- Economic news may not only report about the economy but also impact the development of an economy by affecting economic expectations. This study explores the impact of economic news on the economic expectations of experts. A content analysis of economic news tone and volume of two German and one Swiss public service news shows is combined with survey data on macroeconomic expectations of experts on the topics of general economy, capital expenditures, and private consumption. Results confirm that past news tone explains economic expectations on private consumption up to 70 per cent. This effect varies among news shows and the overall economic situation. The authors hold media dependency and an asymmetric third-person effect responsible for these variations.
- Subjects :
- Public economics
Communication
Public broadcasting
05 social sciences
050801 communication & media studies
Third-person effect
language.human_language
German
Capital expenditure
0508 media and communications
Granger causality
8. Economic growth
0502 economics and business
Economics
language
Survey data collection
Media system dependency theory
Public service
050207 economics
Subjects
Details
- ISSN :
- 14244896
- Volume :
- 13
- Database :
- OpenAIRE
- Journal :
- Studies in Communication Sciences
- Accession number :
- edsair.doi...........5bc628917fbe1c2a9876195f39bbf2ea