Uhl, Matthias W. - KOF Swiss Economic Institute, Department of Management, … - 2010
We examine the information content of a newly created news sentiment index from over 300,000 articles from some of the … 1995 to 2009. Using ARMA-models, we show that consumer expectations and sentiment are influenced by news sentiment and … news sentiment and private consumption, the consumption behavior of private households can best be explained by consumer …