Language serves two key functions. It enables communication between agents, which allows for the establishment and … to issues linked with trust, social capital, and cultural identification. While research on the role of language as a … learning process is widespread, there is no evidence on the role of language as a signal of cultural affinity. I pursue this …

language processing (NLP) algorithms have been used to analyze central bank communications. These outdated bag-of-words methods …-learning-based NLP algorithms, also known as large language models (LLMs), which take context into account. This study applies LLMs to … central bank communications. The absence of large-language models in the central bank communications literature may be …

We investigate the interplay of language skills and immigrant stocks in determining bilateral FDI out-stocks of OECD … immigrants on bilateral FDI - provided that residents of the two countries have few language skills in common. We find a similar … effect for immigrants from third countries that speak the language(s) of the FDI host country, making them potential …

We investigate the interplay of language skills and immigrant stocks in determining bilateral FDI out-stocks of OECD … immigrants on bilateral FDI – provided that residents of the two countries have few language skills in common. We find a similar … effect for immigrants from third countries that speak the language(s) of the FDI host country, making them potential …