This paper investigates the relation between household income level and individual alcohol consumption behavior. Data from Behavioral Risk Factor Surveillance System (BRFSS) are tested utilizing a multinomial Logit method. The results show that alcohol consumption frequency positively correlates...

We study a standard machine learning algorithm (Taddy, 2013) to measure sentiment in financial documents. Our empirical approach relies on stock price reactions to colour words, providing as output dictionaries of positive and negative words. We compare head-to-head the performance of the...