no code implementations • 20 Apr 2023 • Wonseong Kim, Jan Frederic Spörer, Siegfried Handschuh
This research article analyzes the language used in the official statements released by the Federal Open Market Committee (FOMC) after its scheduled meetings to gain insights into the impact of FOMC official statements on financial markets and economic forecasting.
no code implementations • 2 Apr 2023 • Wonseong Kim
The study reveals that an augmented sentiment lexicon (Sent1000), including the top 1, 000 negative words with high cosine similarity to 'Crisis,' more effectively captures the impact of news sentiment on the stock market index than the original sentiment lexicon (Sent0).