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Media coverage of events like terrorist attacks can significantly impact economic outcomes. In the May issue, by Tim Besley, Thiemo Fetzer, and Hannes Mueller. zurl.co/nJaSs
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Abstract. This paper estimates the size of the media multiplier, an easily generalizable model-based measure of how far media coverage magnifies the
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How Big Is the Media Multiplier? Evidence from Dyadic News Data
Review of Economics and Statistics (REStat)