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textual analysis to convert qualitative text data into quantitative sentiment indices. First, a sentiment analysis utilizes … characteristics of sentiments. In a third step, sentiment indices are used to test the efficiency of numerical forecasts. Using 12 …-month-ahead fixed horizon forecasts, fixed-effects panel regression results suggest some informational content of sentiment …
Persistent link: https://www.econbiz.de/10012297069
textual analysis to convert qualitative text data into quantitative sentiment indices. First, a sentiment analysis utilizes … characteristics of sentiments. In a third step, sentiment indices are used to test the efficiency of numerical forecasts. Using 12 …-month-ahead fixed horizon forecasts, fixed-effects panel regression results suggest some informational content of sentiment …
Persistent link: https://www.econbiz.de/10012293448
Persistent link: https://www.econbiz.de/10013197310
Persistent link: https://www.econbiz.de/10014340090
Automated sentiment scoring offers relevant empirical information for many political science applications. However …, apart from English language resources, validated dictionaries are rare. This note introduces a German sentiment dictionary … zero. This warrants caution when interpreting sentiment scores as interval or even ratio scales in applied research. …
Persistent link: https://www.econbiz.de/10011879041
Persistent link: https://www.econbiz.de/10014414344
Using the dictionary-based approach to measure the sentiment of finance-related texts is primarily focused on English …. Additionally, I tested multiple measurements of sentiment. I show that using the edited and extended dictionary to calculate a … relative measurement of sentiment, central assumptions regarding textual analysis can be fulfilled and more significant …
Persistent link: https://www.econbiz.de/10012887911
This paper develops and applies tools to assess multivariate aspects of Bayesian Dynamic Stochastic General Equilibrium (DSGE) model forecasts and their ability to predict comovements among key macroeconomic variables. We construct posterior predictive checks to evaluate conditional and...
Persistent link: https://www.econbiz.de/10010588321
We examine asymmetry in the loss function of Japanese corporate executives in their output growth forecasts and test for rationality of the forecasts under the assumption of a possibly asymmetric loss function. We find evidence of asymmetry and support for rationality under an asymmetric loss...
Persistent link: https://www.econbiz.de/10010594180
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