Bias in Cable News: Persuasion and Polarization

Previously circulated as "Bias in Cable News: Real Effects and Polarization." We thank Tom Clark, Greg Crawford, Ruben Enikopolov, Matthew Gentzkow, Ben Golub, Marit Hinnosaar, Kei Kawai, Robin Lee, Claire Lim, Paul Oyer, Ariel Pakes, Jesse Shapiro, Michael Sinkinson, Gaurav Sood, and seminar and workshop participants at the BFI Media and Communications Conference, Boston College, Boston University, Columbia, Emory, Harvard, NYU Stern, Stanford, USC Marshall, the Wallis Political Economy Conference, the Workshop on Media Economics, and Zurich for comments and suggestions, and Carlos Sanchez-Martinez for excellent research assistance. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

• December 23, 2014
• December 14, 2015