Elite Economic Forecasts, Economic News, Mass Economic Judgments, and Presidential Approval

@article{Nadeau1999EliteEF,
  title={Elite Economic Forecasts, Economic News, Mass Economic Judgments, and Presidential Approval},
  author={R. Nadeau and R. Niemi and T. Amato},
  journal={The Journal of Politics},
  year={1999},
  volume={61},
  pages={109 - 135}
}
MacKuen, Erikson, and Stimson (1996) argue for a "banker" model of the electorate in which the expectations of economic experts flow through the news media to the mass public, then influencing presidential approval. Using business elites' expectations and retrospections, a content analysis of print media, and the electorate's presidential approval ratings, we evaluate the parts of this process. We find that news is not transmitted unchanged between elites and the public. Rather, there is… Expand
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