Matches in SemOpenAlex for { <https://semopenalex.org/work/W4281888908> ?p ?o ?g. }
- W4281888908 endingPage "1121" @default.
- W4281888908 startingPage "1097" @default.
- W4281888908 abstract "The sentiment, or “Tonality”, extracted from the narratives that accompany Federal Reserve economic forecasts (in the Greenbook) is strongly correlated with future economic performance, positively with GDP, and negatively with unemployment and inflation. More notably, Tonality conveys substantial incremental information in that it predicts errors in Federal Reserve and even in private-sector point forecasts of unemployment and GDP up to four quarters ahead. More favorable sentiment predicts economic performance that exceeds point forecasts. Higher Tonality also predicts positive monetary policy (fed funds rate) surprises and higher stock returns up to four quarters ahead. Quantile regressions suggest that much of Tonality’s forecasting power arises from its signal of downside risks to both economic performance and stock returns. If observed in real time, tonality would have been most informative about economic prospects and stock returns when economic uncertainty was high or when point forecasts called for subpar GDP growth." @default.
- W4281888908 created "2022-06-13" @default.
- W4281888908 creator A5067541433 @default.
- W4281888908 creator A5068719762 @default.
- W4281888908 creator A5040046401 @default.
- W4281888908 date "2023-07-01" @default.
- W4281888908 modified "2023-10-13" @default.
- W4281888908 title "The power of narrative sentiment in economic forecasts" @default.
- W4281888908 cites W1482746352 @default.
- W4281888908 cites W1582026748 @default.
- W4281888908 cites W1663416199 @default.
- W4281888908 cites W1966133003 @default.
- W4281888908 cites W1977168372 @default.
- W4281888908 cites W2010504995 @default.
- W4281888908 cites W2026605399 @default.
- W4281888908 cites W2048658075 @default.
- W4281888908 cites W2048773948 @default.
- W4281888908 cites W2067150672 @default.
- W4281888908 cites W2092558285 @default.
- W4281888908 cites W2106895738 @default.
- W4281888908 cites W2144570112 @default.
- W4281888908 cites W2157838018 @default.
- W4281888908 cites W2243805828 @default.
- W4281888908 cites W2343215153 @default.
- W4281888908 cites W2554619162 @default.
- W4281888908 cites W2610692167 @default.
- W4281888908 cites W2745636364 @default.
- W4281888908 cites W2890353604 @default.
- W4281888908 cites W2946105121 @default.
- W4281888908 cites W2981132192 @default.
- W4281888908 cites W2995756424 @default.
- W4281888908 cites W3121306109 @default.
- W4281888908 cites W3121657739 @default.
- W4281888908 cites W3122944446 @default.
- W4281888908 cites W3124550551 @default.
- W4281888908 cites W3125952890 @default.
- W4281888908 cites W3126081245 @default.
- W4281888908 cites W3126121421 @default.
- W4281888908 cites W4232071093 @default.
- W4281888908 cites W4233731957 @default.
- W4281888908 cites W4236290419 @default.
- W4281888908 doi "https://doi.org/10.1016/j.ijforecast.2022.04.008" @default.
- W4281888908 hasPublicationYear "2023" @default.
- W4281888908 type Work @default.
- W4281888908 citedByCount "2" @default.
- W4281888908 countsByYear W42818889082023 @default.
- W4281888908 crossrefType "journal-article" @default.
- W4281888908 hasAuthorship W4281888908A5040046401 @default.
- W4281888908 hasAuthorship W4281888908A5067541433 @default.
- W4281888908 hasAuthorship W4281888908A5068719762 @default.
- W4281888908 hasConcept C106159729 @default.
- W4281888908 hasConcept C127413603 @default.
- W4281888908 hasConcept C139719470 @default.
- W4281888908 hasConcept C142362112 @default.
- W4281888908 hasConcept C149782125 @default.
- W4281888908 hasConcept C153349607 @default.
- W4281888908 hasConcept C162324750 @default.
- W4281888908 hasConcept C202353208 @default.
- W4281888908 hasConcept C204036174 @default.
- W4281888908 hasConcept C2524010 @default.
- W4281888908 hasConcept C2776275044 @default.
- W4281888908 hasConcept C2778126366 @default.
- W4281888908 hasConcept C28719098 @default.
- W4281888908 hasConcept C33923547 @default.
- W4281888908 hasConcept C556758197 @default.
- W4281888908 hasConcept C558565934 @default.
- W4281888908 hasConcept C78519656 @default.
- W4281888908 hasConceptScore W4281888908C106159729 @default.
- W4281888908 hasConceptScore W4281888908C127413603 @default.
- W4281888908 hasConceptScore W4281888908C139719470 @default.
- W4281888908 hasConceptScore W4281888908C142362112 @default.
- W4281888908 hasConceptScore W4281888908C149782125 @default.
- W4281888908 hasConceptScore W4281888908C153349607 @default.
- W4281888908 hasConceptScore W4281888908C162324750 @default.
- W4281888908 hasConceptScore W4281888908C202353208 @default.
- W4281888908 hasConceptScore W4281888908C204036174 @default.
- W4281888908 hasConceptScore W4281888908C2524010 @default.
- W4281888908 hasConceptScore W4281888908C2776275044 @default.
- W4281888908 hasConceptScore W4281888908C2778126366 @default.
- W4281888908 hasConceptScore W4281888908C28719098 @default.
- W4281888908 hasConceptScore W4281888908C33923547 @default.
- W4281888908 hasConceptScore W4281888908C556758197 @default.
- W4281888908 hasConceptScore W4281888908C558565934 @default.
- W4281888908 hasConceptScore W4281888908C78519656 @default.
- W4281888908 hasIssue "3" @default.
- W4281888908 hasLocation W42818889081 @default.
- W4281888908 hasOpenAccess W4281888908 @default.
- W4281888908 hasPrimaryLocation W42818889081 @default.
- W4281888908 hasRelatedWork W1498711787 @default.
- W4281888908 hasRelatedWork W1988513709 @default.
- W4281888908 hasRelatedWork W2023229197 @default.
- W4281888908 hasRelatedWork W2056161260 @default.
- W4281888908 hasRelatedWork W2084177507 @default.
- W4281888908 hasRelatedWork W2620960989 @default.
- W4281888908 hasRelatedWork W3124595458 @default.
- W4281888908 hasRelatedWork W3158377439 @default.
- W4281888908 hasRelatedWork W4307448268 @default.
- W4281888908 hasRelatedWork W2038235437 @default.