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Towards extracting collective economic narratives from texts

Lange, Kai-Robin; Reccius, Matthias; Schmidt, Tobias; … - 2022

Identifying narratives in texts is a challenging task, as not only narrative elements such as the factors and events have to be identified but their semantic relation has to be explained as well. Despite this complexity, an effective technique to extract narratives from texts can have a great...

Persistent link: https://www.econbiz.de/10013359201

Text data rule - don't they? : a study on the (additional) information of Handelsblatt data for nowcasting German GDP in comparison to established economic indicators

Shrub, Yuliya; Rieger, Jonas; Müller, Henrik; Jentsch, … - 2022

propose a mixed-frequency model to investigate the potential of using text data in form of newspaper articles for nowcasting … German GDP growth. Newspaper text data appears to be very helpful in this regard as it directly explains economic and social … on commonly used macro variables with and without additionally included information from text data (extracted in an …

Persistent link: https://www.econbiz.de/10013361278

A German inflation narrative how the media frame price dynamics : results from a RollingLDA analysis

Müller, Henrik; Schmidt, Tobias; Rieger, Jonas; … - 2022 - Version 1.0

In this paper, we present a new indicator to measure the media coverage of inflation. Our Inflation Perception Indicator (IPI) for Germany is based on a corpus of three million articles published by broadsheet newspapers between January 2001 and February 2022. It is designed to detect thematic...

Persistent link: https://www.econbiz.de/10012938935

"Riders on the storm" : the Uncertainty Perception Indicator (UPI) in Q1 2021

Müller, Henrik; Rieger, Jonas; Hornig, Nico - 2021 - Version 1.0

In this paper we update our Uncertainty Perception Indicator (UPI) with data from the first quarter of 2021. UPI values have declined in recent quarters. At first glance this might come as a surprise, with the third Corona wave having less of an impact than the first one, even though the former...

Persistent link: https://www.econbiz.de/10012581351