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https://ruomo.lib.uom.gr/handle/7000/1293| Title: | Does It Matter Where You Search? Twitter versus Traditional News Media |
| Authors: | Milas, Costas Panagiotidis, Theodore Dergiades, Theologos |
| Type: | Article |
| Subjects: | FRASCATI::Social sciences::Economics and Business::Economics FRASCATI::Social sciences::Economics and Business::Econometrics |
| Keywords: | Grexit Traditional news outlets Sovereign spreads |
| Issue Date: | 2021 |
| Source: | Journal of Money, Credit and Banking |
| Volume: | 53 |
| Issue: | 7 |
| First Page: | 1757 |
| Last Page: | 1795 |
| Abstract: | We compare news in Twitter with traditional news outlets and emphasize their differential impact on Eurozone’s sovereign bond market. We reveal a two-way information flow between Twitter’s “Grexit” tweets and “Grexit” mentions in traditional news which suggests not only that both types of news serve as important empirical predictors for the sovereign bond market but also that the ‘old’ (traditional news) and the ‘new’ (Twitter) media are connected; however, the influence of Twitter on traditional news is stronger. Grexit tweets raise the Greek spread more than Grexit mentions in traditional news. Weak contagion effects are recorded for Portugal and Ireland. |
| URI: | https://doi.org/10.1111/jmcb.12805 https://ruomo.lib.uom.gr/handle/7000/1293 |
| ISSN: | 0022-2879 1538-4616 |
| Other Identifiers: | 10.1111/jmcb.12805 |
| Appears in Collections: | Department of International and European Studies |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| JMCB_2021.pdf | JMCB | 1,89 MB | Adobe PDF | View/Open |
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