Economic News Antecedents and Effects

This Element provides a concise review of the existing literature on content, antecedents and consequences of economic news coverage. It tests and refines prominent assumptions and hypotheses in this area. Relying on communication science theories such as framing, news values and media dependency theories, we first outline and explain how media cover the economy. Additionally, it demonstrates that coverage has a fundamental impact above and beyond the state of the economy, both on economic perceptions and political attitudes of citizens, as well as on political decision makers and media reputation of a wide variety of organizations.