DP8246 The Political Economy of Mass Media

Author(s): Andrea Prat, David Strömberg
Publication Date: February 2011
Keyword(s): mass media, political economy
JEL(s): D7
Programme Areas: Public Economics
Link to this Page: cepr.org/active/publications/discussion_papers/dp.php?dpno=8246

We review the burgeoning political economy literature on the influence of mass media on politics and policy. This survey, which covers both theory and empirics, is organized along four main themes: transparency, capture, informative coverage, and ideological bias. We distill some general lessons and identify some open questions.