Questioning the news about economic growth: Sparse forecasting using thousands of news-based sentiment values

Publication
International Journal of Forecasting, 35(4), 1370–1386

Rather than committing to one way of turning news into a sentiment index, the paper generates thousands of candidate indices and lets a sparse regression select the ones that forecast. Winner of the International Journal of Forecasting best paper award 2018–2019.

The daily topical sentiment indices are available for download.

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