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Given this logic, we focus on presenting the estimated ratios of relevant coefficients, rather than the raw coefficients themselves . Having assessed the partial correlations between top-end, median, and low-end revenue development rates and news tone, we turn now to assessment of the presence and diploma of income-group bias in news-tone movements. In contrast, the argument that we advance here focuses on an implicit source of bias in economic news coverage, one that emerges from the interplay between ostensibly neutral journalistic practices and structural biases within the drivers of economic development. We argue in this paper that the economic news in the United States has, during the last 40 years, painted a portrait of the economy that strongly and disproportionately tracks the welfare of the very rich. Put simply, good economic news tracks, above all, the fortunes of essentially the most affluent. The Institut de recherches économiques et sociales goals to satisfy the requests expressed by consultant trade union organisations in the area of economic and social research. The IRES was arrange in 1982 by all French representative organisations, with the assist of the government.

Growth has now decelerated a lot that previous to the pandemic, it fell to the …

From the perspective of the Federal Reserve, this justifies its intention to retain a comparatively straightforward financial coverage. To be clear, the model estimates that we current cannot tell us whether or not journalists are reporting on both of the particular indicators in our analyses. Yet the results are also in maintaining with journalistic protection of any number of shut correlates of mixture growth and contraction, similar to business or consumer confidence, retail sales, manufacturing activity, inventories, interest rates, or company efficiency. When reporters cite these auxiliary measures, they are sometimes doing so in an effort to characterize the general state of the economy. We additionally note that the estimated impact of GDP progress is substantially lowered by the inclusion of unemployment in the mannequin.

The hospitality and travel business have perhaps been most hard-hit, with hourly workers facing doubtlessly devastating hardships. Marriott International is poised to place tens of hundreds of employees on furlough . Hilton Worldwide has additionally notified lenders on March 5, 2020 that they would be borrowing a precautionary $1.75bn under a revolving mortgage to protect money and to take care of flexibility “in light of uncertainty in the international markets” . Since January 2020 Elsevier …