The Housing Bubble in the Spanish Press (2003-2013). An analysis of the opinions of political and expert sources

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This study compiles and analyzes data on views of politicians and economists reported in news articles published in five Spanish dailies (the three leading national newspapers –El País, El Mundo and ABC-, and the two leading financial newspapers –Expansión and&...

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Autores: Arrese, Ángel, Vara, Alfonso, Salvatierra, Stella M., Álvarez, José Luis
Formato: artículo
Fecha de Publicación:2018
Institución:Universidad de Piura
Repositorio:Revista UDEP - Revista de Comunicación
Lenguaje:español
OAI Identifier:oai:revistas.udep.edu.pe:article/952
Enlace del recurso:https://revistadecomunicacion.com/article/view/952
Nivel de acceso:acceso abierto
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repository_id_str
network_name_str Revista UDEP - Revista de Comunicación
dc.title.none.fl_str_mv The Housing Bubble in the Spanish Press (2003-2013). An analysis of the opinions of political and expert sources
La cobertura de la burbuja inmobiliaria en la prensa española (2003-2013). Un análisis de las opiniones de las fuentes políticas y expertos
title The Housing Bubble in the Spanish Press (2003-2013). An analysis of the opinions of political and expert sources
spellingShingle The Housing Bubble in the Spanish Press (2003-2013). An analysis of the opinions of political and expert sources
Arrese, Ángel
title_short The Housing Bubble in the Spanish Press (2003-2013). An analysis of the opinions of political and expert sources
title_full The Housing Bubble in the Spanish Press (2003-2013). An analysis of the opinions of political and expert sources
title_fullStr The Housing Bubble in the Spanish Press (2003-2013). An analysis of the opinions of political and expert sources
title_full_unstemmed The Housing Bubble in the Spanish Press (2003-2013). An analysis of the opinions of political and expert sources
title_sort The Housing Bubble in the Spanish Press (2003-2013). An analysis of the opinions of political and expert sources
dc.creator.none.fl_str_mv Arrese, Ángel
Vara, Alfonso
Salvatierra, Stella M.
Álvarez, José Luis
author Arrese, Ángel
author_facet Arrese, Ángel
Vara, Alfonso
Salvatierra, Stella M.
Álvarez, José Luis
author_role author
author2 Vara, Alfonso
Salvatierra, Stella M.
Álvarez, José Luis
author2_role author
author
author
dc.description.none.fl_txt_mv This study compiles and analyzes data on views of politicians and economists reported in news articles published in five Spanish dailies (the three leading national newspapers –El País, El Mundo and ABC-, and the two leading financial newspapers –Expansión and Cinco Días-). Quantitative content analysis will be used as the basic methodology for research. This content analysis will be focused on the coincidences and divergences between the nature, structure and frames of the opinions and comments on the bubble made by these policy makers and experts in two different periods, before and after the bubble burst. The general hypothesis of the research is that before the crisis –especially among politicians- there was not a real discussion on the threat of a housing bubble, its causes and probable consequences, but a quite orchestrated “negationist” consensus.
Este estudio analiza las opiniones de políticos y expertos publicadas en cinco diarios españoles (los tres principales periódicos nacionales -El País, El Mundo y ABC-, y los dos principales periódicos financieros -Expansión y Cinco Días-) antes y después de la explosión de la burbuja inmobiliaria española. La metodología básica del estudio es el análisis de contenido, cuantitativo y cualitativo, de informaciones publicadas en los diarios citados entre 2003 y 2013. El trabajo se centra en el análisis estadístico de coincidencias y divergencias en las declaraciones y opiniones de esas fuentes en torno a la naturaleza, causas y consecuencias de la burbuja. La hipótesis general de la investigación es que antes de la crisis, especialmente entre los políticos, no hubo un verdadero debate sobre la amenaza de una burbuja del sector inmobiliario, ni sobre sus posibles causas y consecuencias probables, con lo que dominó en la opinión autorizada un consenso “negacionista”.
description This study compiles and analyzes data on views of politicians and economists reported in news articles published in five Spanish dailies (the three leading national newspapers –El País, El Mundo and ABC-, and the two leading financial newspapers –Expansión and Cinco Días-). Quantitative content analysis will be used as the basic methodology for research. This content analysis will be focused on the coincidences and divergences between the nature, structure and frames of the opinions and comments on the bubble made by these policy makers and experts in two different periods, before and after the bubble burst. The general hypothesis of the research is that before the crisis –especially among politicians- there was not a real discussion on the threat of a housing bubble, its causes and probable consequences, but a quite orchestrated “negationist” consensus.
publishDate 2018
dc.date.none.fl_str_mv 2018-09-20
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Article evaluated by pairs
Artículo evaluado por pares
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv https://revistadecomunicacion.com/article/view/952
10.26441/RC17.2-2018-A2
url https://revistadecomunicacion.com/article/view/952
identifier_str_mv 10.26441/RC17.2-2018-A2
dc.language.none.fl_str_mv spa
language spa
dc.relation.none.fl_str_mv https://revistadecomunicacion.com/article/view/952/920
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Alarma y alarmismo: medios de comunicación y crisis económica. Estudios sobre el Mensaje Periodístico, 20 (2), pp. 933-951. Arrese, A. (2015a). Spanish Press. No Illusions (p. 87-102). En: Schifferes, S. y Roberts, R. (eds.) The Media and Financial Crisis. London: Routledge. Arrese, A. (2015b). Euro crisis metaphors in the Spanish press. Communication and Society, 28 (2), pp. 19-38. Augey, D. y Brin, C. (2004). Media and Manias: News and Economic Decision-Making. Paper presented at the 6th World Media Economics Conference, HEC Montreal, May 12-15. http://www.cem.ulaval.ca/pdf/augey_brin.pdf Barber, B. M. y Odean, T. (2008). All that glitters: The effect of attention and news on the buying behavior of individual and institutional investors. The Review of Financial Studies 21 (2), pp. 785-818. doi: https://doi.org/10.1093/rfs/hhm079 Bhattacharya, U., Galpin, N., Ray, R. y Yu, X. (2009). The Role of the Media in the Internet IPO Bubble. 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dc.rights.none.fl_str_mv Derechos de autor 2018 Revista de Comunicación
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spelling The Housing Bubble in the Spanish Press (2003-2013). An analysis of the opinions of political and expert sourcesLa cobertura de la burbuja inmobiliaria en la prensa española (2003-2013). Un análisis de las opiniones de las fuentes políticas y expertosArrese, ÁngelVara, AlfonsoSalvatierra, Stella M.Álvarez, José LuisThis study compiles and analyzes data on views of politicians and economists reported in news articles published in five Spanish dailies (the three leading national newspapers –El País, El Mundo and ABC-, and the two leading financial newspapers –Expansión and Cinco Días-). Quantitative content analysis will be used as the basic methodology for research. This content analysis will be focused on the coincidences and divergences between the nature, structure and frames of the opinions and comments on the bubble made by these policy makers and experts in two different periods, before and after the bubble burst. The general hypothesis of the research is that before the crisis –especially among politicians- there was not a real discussion on the threat of a housing bubble, its causes and probable consequences, but a quite orchestrated “negationist” consensus.Este estudio analiza las opiniones de políticos y expertos publicadas en cinco diarios españoles (los tres principales periódicos nacionales -El País, El Mundo y ABC-, y los dos principales periódicos financieros -Expansión y Cinco Días-) antes y después de la explosión de la burbuja inmobiliaria española. La metodología básica del estudio es el análisis de contenido, cuantitativo y cualitativo, de informaciones publicadas en los diarios citados entre 2003 y 2013. El trabajo se centra en el análisis estadístico de coincidencias y divergencias en las declaraciones y opiniones de esas fuentes en torno a la naturaleza, causas y consecuencias de la burbuja. La hipótesis general de la investigación es que antes de la crisis, especialmente entre los políticos, no hubo un verdadero debate sobre la amenaza de una burbuja del sector inmobiliario, ni sobre sus posibles causas y consecuencias probables, con lo que dominó en la opinión autorizada un consenso “negacionista”.Universidad de Piura. Facultad de Comunicación2018-09-20info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionArticle evaluated by pairsArtículo evaluado por paresapplication/pdfhttps://revistadecomunicacion.com/article/view/95210.26441/RC17.2-2018-A2Revista de Comunicación; Vol 17 No 2 (2018); 41-65Revista de Comunicación; Vol. 17 Núm. 2 (2018); 41-652227-14651684-0933reponame:Revista UDEP - Revista de Comunicacióninstname:Universidad de Piurainstacron:UDEPspahttps://revistadecomunicacion.com/article/view/952/920/*ref*/Almiron, N. (2008). Crisis financiera, economía y medios de comunicación. Mientras Tanto, 108-109, pp. 83-90. Akerlof. G. A. y Shiller. R. (2009). Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism. Princeton, NJ: Princeton University Press. Arlt, H.-J. y Storz, W. (2010). Wirtschaftsjournalismus in der Krise. Frankfurt/Main: Otto Brenner Stiftung. Arrese, Á. (2010). Periodismo económico, entre el boom y el crash (pp. 17-27). En: Arrese, A., Etayo, C., Moreno, E., Guerrero, E. y Navarro, M. (eds.). Periodismo económico: viejos y nuevos desafíos. Pamplona: Eunsa. Arrese, Á. y Vara, A. (2012). ¿Canarios en la mina? La prensa y los riesgos de la “burbuja inmobiliaria” en España. Comunicación y riesgo. III Congreso Internacional de la Asociación Española de Investigación en Comunicación, AE-IC, Tarragona, December 20. http://dadun.unav.edu/bitstream/10171/22247/1/comunicacion%20definitiva.pdf Arrese, A. y Vara, A. (2014). Alarma y alarmismo: medios de comunicación y crisis económica. Estudios sobre el Mensaje Periodístico, 20 (2), pp. 933-951. Arrese, A. (2015a). Spanish Press. No Illusions (p. 87-102). En: Schifferes, S. y Roberts, R. (eds.) The Media and Financial Crisis. London: Routledge. Arrese, A. (2015b). Euro crisis metaphors in the Spanish press. Communication and Society, 28 (2), pp. 19-38. Augey, D. y Brin, C. (2004). Media and Manias: News and Economic Decision-Making. Paper presented at the 6th World Media Economics Conference, HEC Montreal, May 12-15. http://www.cem.ulaval.ca/pdf/augey_brin.pdf Barber, B. M. y Odean, T. (2008). All that glitters: The effect of attention and news on the buying behavior of individual and institutional investors. The Review of Financial Studies 21 (2), pp. 785-818. doi: https://doi.org/10.1093/rfs/hhm079 Bhattacharya, U., Galpin, N., Ray, R. y Yu, X. (2009). The Role of the Media in the Internet IPO Bubble. Journal of Financial and Quantitative Analysis 44 (3), pp. 657-682. doi: https://doi.org/10.1017/S0022109009990056 Brunnermeier, M. K. (2008). Bubbles. En Durlauf, S. N. y Blume, L. E. (eds.). The New Palgrave Dictionary of Economics. Second Edition. London: Palgrave Macmillan. Campbell, G., Turner, J. D. y Walker, C. B. (2012). The role of media in a bubble. Explorations in Economic History, 49, pp. 461-481. doi: https://doi.org/10.1016/j.eeh.2012.07.002 Case, K. y Shiller, R. (2003). Is there a bubble in the housing market? Brooking Papers on Economic Activity 2, pp. 299-362. doi: https://doi.org/10.1353/eca.2004.0004 Chan, W. S. (2003). Stock price reaction to news and to no-news: Drift and reversal after headlines. Journal of Financial Economics, 70, pp. 223–260. Chancellor, E. (2000). Devil Take the Hindmost: A History of Financial Speculation. New York: Plume. Chancellor, E. (2010). Why some housing bubbles remain. Financial Times, 3 October 2010. Dale, R. (2004). The First Crash. Princeton, NJ: Princeton University Press. Davies, H. (2010). The Financial Crisis. Who is to Blame? London: Polity Press. De Miguel, J. C. y Pozas, V. 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The Housing Bubble in the Spanish Press (2003-2013). An analysis of the opinions of political and expert sources
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