PicaultRenault | R Documentation |
The Picault-Renault lexicon, specialized in the analysis of central bank communication. The lexicon identifies a large number of n-grams and gives their probability to belong to six categories:
Monetary Policy - accommodative
Monetary Policy - neutral
Monetary Policy - restrictive
Economic Condition - negative
Economic Condition - neutral
Economic Condition - positive
PicaultRenault
A data.table::data.table object.
http://www.cbcomindex.com/lexicon.php
Picault, M. & Renault, T. (2017). Words are not all created equal: A new measure of ECB communication. Journal of International Money and Finance, 79, 136–156. \Sexpr[results=rd]{tools:::Rd_expr_doi("10.1016/j.jimonfin.2017.09.005")}
compute_PicaultRenault_scores()
head(PicaultRenault)
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