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We use text analysis and a novel dataset to measure the sentiment component of central bank communications in 23 countries over the 2002-2017 period. Our analysis yields three key results. First, using directed networks, we show that comovement in sentiment across central banks is not reducible...
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This paper introduces a novel database of text features extracted from the speeches of 53 central banks from 1996 to 2023 using state-of-the-art NLP methods. We establish four facts: (1) central banks with floating and pegged exchange rates communicate differently, and these differences are...
Persistent link: https://www.econbiz.de/10014501000
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We use text analysis and a novel dataset to measure the sentiment component of central bank communications in 23 countries over the 2002-2017 period. Our analysis yields three key results. First, using directed networks, we show that comovement in sentiment across central banks is not reducible...
Persistent link: https://www.econbiz.de/10012897779
We construct a novel text dataset to measure the sentiment component of communications for 23 central banks over the 2002-2017 period. Our analysis yields three results. First, comovement in sentiment across central banks is not reducible to trade or financial flow exposures. Second, sentiment...
Persistent link: https://www.econbiz.de/10012857886
As a United Nations Sustainable Development Goal (SDG), the global community aims to provide clean and affordable energy to all people by 2030. Despite these efforts, energy poverty remains a reality for billions of people in 2022. Reducing energy poverty is a crucial impediment for public...
Persistent link: https://www.econbiz.de/10013291809
Previous studies evaluating the welfare cost of air pollution have not paid much attention to its potential effect on mental health and subjective well-being (SWB). This paper attempts to fill the gap by investigating the impact of air pollution on several key dimensions, including mental health...
Persistent link: https://www.econbiz.de/10012112312