An unpublicized bank failure did not radicalize voters despite similar economic damage.

Evidence

In line with this hypothesis, we find that the failure of another large bank (Dresdner Bank), which was not singled out during the banking crisis to the same extent, had similar economic effects – but it did not lead to the same surge in Nazi voting as Danat’s failure. — Sebastian Doerr et al., Financial Crises and Political…, 29

Categorization

  • QUESTION: How exactly was ā€˜singled out’ operationalized in the media data? The paper needs a concrete metric of press salience to make the framing claim stick.
  • XREF: connects to: Identical bank-failure income losses radicalized voters only where media singled out the bank — Sebastian Doerr et al., Financial Crises and Political…, 123; Only exposure to Danatbank, not Dresdner, raised Nazi voting despite identical economic losses. — Sebastian Doerr et al., Financial Crises and Political…, 94

Broader Connections