Abstract

The article analyzes the influence of the media agenda on the behavior of economic agents. The paper discusses newsgroups devoted to one topic, which forms information cascades. The author traces the influence of information cascades, comparing the media context with the change in market indices. Correlation between economic processes and their representation in the media is considered based on frequency analysis techniques to measure economic policy uncertainty. To trace the relationship between media publications and economic agents' actions, 1255 publications from the Russian periodical, published from January 1, 2018, to January 1, 2019, were examined. A total of 5,213 publications on economic topics were analyzed, of which 1,255 publications approached the criteria for final content analysis. The study results are verified using two groups of respondents who took part in the focus group. The author concludes that publications in the Russian press influence economic agents' behavior, although the latter do not always realize this.

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