News-based business sentiment and its properties as an economic index
作者:
Highlights:
• Abundant newspaper articles are utilized to nowcast a business sentiment index.
• The index shows a strong positive correlation with a traditional survey-based one.
• Its properties are studied in comparison with other business conditions indicators.
• The index and its temporal analysis could benefit policymakers and economists.
摘要
•Abundant newspaper articles are utilized to nowcast a business sentiment index.•The index shows a strong positive correlation with a traditional survey-based one.•Its properties are studied in comparison with other business conditions indicators.•The index and its temporal analysis could benefit policymakers and economists.
论文关键词:Business sentiment,Sentiment analysis,Deep learning,Text analytics
论文评审过程:Received 14 June 2021, Revised 18 September 2021, Accepted 12 October 2021, Available online 17 November 2021, Version of Record 17 November 2021.
论文官网地址:https://doi.org/10.1016/j.ipm.2021.102795