Using a semi-supervised topic model on 7,000,000 New York Times articles spanning 160 years, we test whether topics of media discourse predict future stock and bond market returns to test rational and behavioral hypotheses about market valuation of disaster risk. Focusing on media discourse...

The recent financial crisis has triggered an intense debate about the role of banks in society, presumably changing the criteria used in the evaluation of organizations. Against this backdrop, we investigate the changing role of banks' organizational features in shaping different dimensions of...

This paper presents a new indicator on financial stress from 1889 to 2016 based on the reporting in five major US newspapers. This indicator provides detailed and high-frequency coverage of more than a century of financial history based on a previously untapped corpus of 35 million newspaper...