What is Newsworthy? Theory and Evidence

We thank our dedicated research assistants for their contributions to this project. We thank Julia Cagé, Ben Enke, Kris Nimark, Jon Roth, and seminar audiences at the Philadelphia Fed, Microsoft Research, and the Political Economy at Brown Conference for helpful comments. We acknowledge support from the Department of Defense at early stages of this project, and from the Stanford Institute for Economic Policy Research (SIEPR). Wharton Research Data Services (WRDS) was used in preparing this article. This service and the data available thereon constitute valuable intellectual property and trade secrets of WRDS and/or its third-party suppliers. BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov. Health and Retirement Study (HRS) Public Release data files were used in preparing this article. The HRS (Health and Retirement Study) is sponsored by the National Institute on Aging (grant number NIA U01AG009740) and is conducted by the University of Michigan. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

• May 29, 2024