The value of news for economic developments

DOI10.1016/J.JECONOM.2018.11.013zbMATH Open1452.62939OpenAlexW2901744606WikidataQ128958129 ScholiaQ128958129MaRDI QIDQ1740352FDOQ1740352

Authors: Vegard H. Larsen, Leif A. Thorsrud 

Publication date: 30 April 2019

Published in: Journal of Econometrics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jeconom.2018.11.013

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zbMATH Keywords

business cycleslatent Dirichlet allocation (LDA)news

Mathematics Subject Classification ID

Applications of statistics to economics (62P20)

Cites Work

• Bayes Factors
• Bayesian forecasting and dynamic models.
• 10.1162/jmlr.2003.3.4-5.993
• The Impact of Uncertainty Shocks
• The General Theory of Employment, Interest, and Money
• Sentiments
• Transparency and deliberation within the FOMC: a computational linguistics approach

Cited In (13)

• Words speak as loudly as actions: central bank communication and the response of equity prices to macroeconomic announcements
• Stock-specific sentiment and return predictability
• Editorial introduction on complexity and big data in economics and finance: recent developments from a Bayesian perspective
• News and narratives in financial systems: exploiting big data for systemic risk assessment
• News, noise, and Indian business cycle
• Information rigidities and the news-adjusted output gap
• Olympic news and attitudes towards the Olympics: a compositional time-series analysis of how sentiment is affected by events
• Words are the New Numbers: A Newsy Coincident Index of the Business Cycle
• Can news help measure economic sentiment? An application in COVID-19 times
• Narrative fragmentation and the business cycle
• News-based forecasts of macroeconomic indicators: a semantic path model for interpretable predictions
• Forecasting the equity premium: mind the news!
• News About News: Information Arrival and Irreversible Investment

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