WitrynaWe provide evidence on narratives about the macroeconomy — the stories people tell to explain macroeconomic phenomena — in the context of a historic surge in inflation. … Witryna11 kwi 2024 · This paper proposes a new framework for analyzing the sentiments of central bank narratives. Specifically, we fine-tune a pre-trained BERT model, on a dataset of manually annotated sentences on monetary policy stance. We derive a deep learning domain-specific model—BERT central bank sentiment index—ready for …

Unveiling the sentiment behind central bank narratives: A novel …

Witryna17 lis 2024 · "We provide evidence on narratives about the macroeconomy—the stories people tell to explain macroeconomic phenomena—in the context of a historic surge in inflation. We measure economic narratives in open-ended survey responses and represent them as Directed Acyclic Graphs. We apply this approach in surveys … WitrynaWe provide evidence on narratives about the macroeconomy—the stories people tell to explain macroeconomic phenomena—in the context of a historic surge in inflation. We … ohfhnoheo account login

Macroeconomic narratives in a world of crises: An analysis of …

WitrynaCOVID-19 and the Macroeconomy Supplementto Macroeconomics,5th edition CharlesI. Jones April 13,2024 ThepandemicassociatedwithCOVID-19isyetanother“onceinalifetime”shock to the macroeconomy, following just a decade after the global financial crisis. This brief note explores the macroeconomic … WitrynaGained expertise on the local economy, macroeconomy, and industry makeup to identify relationships between financial markets and various real estate markets. ... Wrote narratives about the ... WitrynaFirst, we disentangle these narratives by matching time-series on markups, labor reallocation and costs between 1980 and 2016, finding that both channels are necessary to account for the data. Second, we show that changes in technology and market structure over this period yielded positive welfare effects from reallocation and … ohf hub