Innovations contribute to economic growth. Hence, knowledge about drivers of innovation activities is a necessary input for economic policy making when it comes to implement targeted support measures. We focus on firms as potential drivers of innovation and use a novel data-driven approach to...

Fiscal policy is made in parliament. We go to the roots of changes of fiscal policy in Germany and use a novel data set on all parliamentary speeches in the Bundestag from 1960 to 2021. We propose an embedding-based approach, which allows the representation of words and documents in a shared...

Topic modeling became an intensively researched area in economics, mainly due to the ever increasing availability of huge digital text information and the improvements in methods to analyze these datasets. In natural language processing, topic modeling describes a set of methods to extract the...

In dieser ZEW-Kurzanalyse analysieren die Autoren/-innen die Webseiten von circa 1,1 Millionen deutschen Unternehmen zwei Mal wöchentlich auf die Nennung des Wortes "Corona" und entsprechender Synonyme. Anschließend werden die identifizierten Textstellen mittels KI-Textanalysemodellen...

Usually, offcial and survey-based statistics guide policy makers in their choice of response instruments to economic crises. However, in an early phase, after a sudden and unforeseen shock has caused incalculable and fast-changing dynamics, data from traditional statistics are only available...