摘要翻译:
本文考察了经济媒体情绪与个人对经济状况的消费和感知之间的关系。我们检验是否经济媒体情绪格兰杰-引起个人的期望和意见有关经济条件,控制宏观经济变量。我们在1993-2017年期间瑞典经济媒体的数据集上使用有监督的
机器学习方法开发了一个经济媒体情绪的度量。我们对来自1071家独特媒体的179,846条媒体情绪进行了分类,并利用正面和负面情绪的新闻数量构建了经济媒体情绪的时间序列指数。我们的结果表明,这一指标Granger-导致个人对宏观经济状况的感知。这表明,经济媒体选择和框架宏观经济新闻的方式关系到个人对宏观经济现实的总体感知。
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英文标题:
《Economic Reality, Economic Media and Individuals' Expectations》
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作者:
Kristoffer Persson
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最新提交年份:
2020
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分类信息:
一级分类:Economics 经济学
二级分类:General Economics 一般经济学
分类描述:General methodological, applied, and empirical contributions to economics.
对经济学的一般方法、应用和经验贡献。
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一级分类:Quantitative Finance 数量金融学
二级分类:Economics 经济学
分类描述:q-fin.EC is an alias for econ.GN. Economics, including micro and macro economics, international economics, theory of the firm, labor economics, and other economic topics outside finance
q-fin.ec是econ.gn的别名。经济学,包括微观和宏观经济学、国际经济学、企业理论、劳动经济学和其他金融以外的经济专题
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英文摘要:
This paper investigates the relationship between economic media sentiment and individuals' expetations and perceptions about economic conditions. We test if economic media sentiment Granger-causes individuals' expectations and opinions concerning economic conditions, controlling for macroeconomic variables. We develop a measure of economic media sentiment using a supervised machine learning method on a data set of Swedish economic media during the period 1993-2017. We classify the sentiment of 179,846 media items, stemming from 1,071 unique media outlets, and use the number of news items with positive and negative sentiment to construct a time series index of economic media sentiment. Our results show that this index Granger-causes individuals' perception of macroeconomic conditions. This indicates that the way the economic media selects and frames macroeconomic news matters for individuals' aggregate perception of macroeconomic reality.
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PDF链接:
https://arxiv.org/pdf/2007.13823