The Influence of Negative Newspaper Coverage on Consumer Confidence

The Dutch Case

D.A. Hollanders, R. Vliegenthart

Research output: Working paperDiscussion paperOther research output

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Abstract

This paper studies the empirical relationship between the real economy, consumer confidence and economic news coverage in national newspapers for the Netherlands during the period 1990-2008. Media-attention for economic developments Granger-causes consumer confidence, with more negative news decreasing consumer confidence; this result holds when controlling for the real economy (stock-market). This suggests that in line with many popular concerns negative news is among factors influencing the hardness of the landing of the current credit-crisis, whereas positive news might have been a contributing factor in the build-up of asset- and housing bubbles.
Original languageEnglish
Place of PublicationTilburg
PublisherMacroeconomics
Number of pages16
Volume2009-55
Publication statusPublished - 2009

Publication series

NameCentER Discussion Paper
Volume2009-55

Fingerprint

News
Consumer confidence
Economic development
Influencing factors
Housing bubble
Consumer economics
Credit crisis
Stock market
Factors
Asset bubbles
The Netherlands

Keywords

  • Consumer Confidence
  • Media
  • VAR-analysis.

Cite this

Hollanders, D. A., & Vliegenthart, R. (2009). The Influence of Negative Newspaper Coverage on Consumer Confidence: The Dutch Case. (CentER Discussion Paper; Vol. 2009-55). Tilburg: Macroeconomics.
Hollanders, D.A. ; Vliegenthart, R. / The Influence of Negative Newspaper Coverage on Consumer Confidence : The Dutch Case. Tilburg : Macroeconomics, 2009. (CentER Discussion Paper).
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Hollanders, DA & Vliegenthart, R 2009 'The Influence of Negative Newspaper Coverage on Consumer Confidence: The Dutch Case' CentER Discussion Paper, vol. 2009-55, Macroeconomics, Tilburg.

The Influence of Negative Newspaper Coverage on Consumer Confidence : The Dutch Case. / Hollanders, D.A.; Vliegenthart, R.

Tilburg : Macroeconomics, 2009. (CentER Discussion Paper; Vol. 2009-55).

Research output: Working paperDiscussion paperOther research output

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T1 - The Influence of Negative Newspaper Coverage on Consumer Confidence

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KW - VAR-analysis.

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Hollanders DA, Vliegenthart R. The Influence of Negative Newspaper Coverage on Consumer Confidence: The Dutch Case. Tilburg: Macroeconomics. 2009. (CentER Discussion Paper).