Abstract

AbstractUsing variations in the human‐annotated topic content of national and regional telecasts, I explore the link between aggregated daily news and household unemployment, inflation, and economic situation expectations in France. Beyond the information included in national statistics, household expectations embody news information on topics related to the state of the economy, such as deficit, living cost, and economic crisis. Inflation expectations additionally incorporate news on taxes, energy, and especially oil. Distinguishing regional from national television broadcasts reveals that household expectations incorporate both regional and national news, with news on local labor market conditions having a prominent role.

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