Financing dies in darkness? The impact of newspaper closures on public finance
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DOI: 10.1016/j.jfineco.2019.06.003
Abstract: Abstract We examine how local newspaper closures affect public finance outcomes for local governments. Following a newspaper closure, municipal borrowing costs increase by 5 to 11 basis points, costing the municipality an additional $650,000 per… read more here.
Keywords: public finance; dies darkness; finance; newspaper closures ... See more keywords