Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/129538
Authors: 
Protte, Benjamin
Year of Publication: 
2012
Series/Report no.: 
Working Paper Series, Department of Economics, University of Mannheim 12-19
Abstract: 
In this paper, I quantify the role of media in the formation of support for unemployment insurance. Theory suggests that individuals who feel threatened by globalization demand compensatory policies. Using a novel method of quantitative text analysis, I derive measures on the stance to globalization for all major British newspapers between 2001 and 2005. Results of regressing individual demand for unemployment insurance on my measure of globalization-specific newspaper positions show a consistent, sizable, and significant effect. This effect is in line with theoretical predictions and is robust to the inclusion of various controls such as trade effects and to accounting for biases resulting from self-selection of readers into newspapers with similar policy attitudes.
Subjects: 
Globalization
Compensation Hypothesis
Welfare State
Media
Quantitative Text Analysis
JEL: 
F15
H11
H55
L82
D78
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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