DP8246 The Political Economy of Mass Media
|Author(s):||Andrea Prat, David Strömberg|
|Publication Date:||February 2011|
|Keyword(s):||mass media, political economy|
|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.