The Influence of Negative Newspaper Coverage on Consumer Confidence: The Dutch Case

D.A. Hollanders, R. Vliegenthart

Research output: Working paperDiscussion paperOther research output

357 Downloads (Pure)

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

Keywords

  • Consumer Confidence
  • Media
  • VAR-analysis.

Fingerprint Dive into the research topics of 'The Influence of Negative Newspaper Coverage on Consumer Confidence: The Dutch Case'. Together they form a unique fingerprint.

Cite this