Nowcasting GDP using tone-adjusted time varying news topics: Evidence from the financial press

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Netherlands · · · 08-03-2023

Nowcasting GDP using tone-adjusted time varying news topics: Evidence from the financial pressWorking paper 766Working PapersLees voorGepubliceerd: 08 maart 2023Door:Dorinth van Dijk Jasper de Winter We extract tone-adjusted, time-varying and hierarchically ordered topics from a large corpus of Dutch financial news and investigate whether these topics are useful for monitoring the business cycle

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