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This paper employs text-mining techniques to analyse the communication strategy of the Central Bank of Nigeria (CBN …
Persistent link: https://www.econbiz.de/10012840569
press releases for the period 2018-2019. Specifically, we apply text mining techniques to investigate the readability …
Persistent link: https://www.econbiz.de/10012842992
-identified monetary shocks are more closely associated with changes in short-term rates. Our result strongly suggests that a text mining …
Persistent link: https://www.econbiz.de/10012891152
We quantify the Monetary Policy Board (MPB) minutes of the Bank of Korea (BOK) using text mining. We propose a novel … emphasize the importance of using a field-specific dictionary and the original Korean text …
Persistent link: https://www.econbiz.de/10012895337
We quantify the Monetary Policy Board (MPB) minutes of the Bank of Korea (BOK) using text mining. We propose a novel … central bank communications. We find that our text-based indicator helps explain the current and future BOK monetary policy … and the original Korean text …
Persistent link: https://www.econbiz.de/10012898382
Although often applied in other social sciences, text mining has been less frequently used in economics and in policy … circles, particularly inside central banks. This Handbook is a brief introduction to the field, discussing how text mining is … useful for addressing research topics of interest to central banks, and providing a step-by-step primer on how to mine text …
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The concept of money is regarded as difficult and complex. Today, lawyers leave the discussion of money to economists. Economists see money as a creation of the law and quietly presuppose its existence, so much so that money has disappeared as a separate entity in micro-economic models of market...
Persistent link: https://www.econbiz.de/10013045256