Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/162236
Authors: 
Iselin, David
Year of Publication: 
2017
Series/Report no.: 
KOF Working Papers 388
Abstract: 
We examine the effects of negative economic news reporting on companies' self-assessment of their business situation. In order to measure this negativity effect, we introduce a new daily business indicator for the Swiss manufacturing sector and examine the influence of newspaper articles, which we scan for particular keywords, on a daily basis. We use OLS and VAR models to examine the mutual influence of negative news and the business situation of private companies. The results show a negative influence of news reporting on the self-assessment of the companies surveyed, also when controlling for the overall economic situation. However, the negative effect is not stable in all our set-ups.
Subjects: 
Media Data
News
Business Situation
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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