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http://bura.brunel.ac.uk/handle/2438/30426| Title: | Indirect news coverage and economic policy uncertainty |
| Authors: | Xu, F Wu, J |
| Keywords: | textual analysis;semantic fingerprint;uncertainty |
| Issue Date: | 21-Dec-2024 |
| Publisher: | Elsevier |
| Citation: | Xu, F. and Wu, J. (2024) 'Indirect news coverage and economic policy uncertainty', Economics Letters, 0 (in press, pre-proof), pp. 1 - 12. doi: 10.1016/j.econlet.2024.112135. |
| Abstract: | This paper uses semantic fingerprints of news to measure news intensity for countries. Estimation results from DCC-GARCH models show that correlations between news intensity and economic uncertainty are mostly positive throughout time. The more relevant news about a country are published, the higher is the economic uncertainty in that country. News intensity also has a negative impact on correlations between uncertainty and inflation, and a positive impact on correlations between uncertainty and output growth. |
| Description: | Data availability:
The news intensity data underpinning this publication can be accessed from Brunelfigshare: https://doi.org/10.17633/rd.brunel.27854760. The EPU data is obtained from https://www.policyuncertainty.com. CPI and industrial production data are downloaded from https://fred.stlouisfed.org. JEL: classification: D8; C3; C8. This is a PDF file of an article that has undergone enhancements after acceptance, such as the addition of a cover page and metadata, and formatting for readability, but it is not yet the definitive version of record. This version will undergo additional copyediting, typesetting and review before it is published in its final form, but we are providing this version to give early visibility of the article. Please note that, during the production process, errors may be discovered which could affect the content, and all legal disclaimers that apply to the journal pertain. |
| URI: | https://bura.brunel.ac.uk/handle/2438/30426 |
| DOI: | https://doi.org/10.1016/j.econlet.2024.112135 |
| ISSN: | 0165-1765 |
| Other Identifiers: | ORCiD: Jiaying Wu https://orcid.org/0000-0002-4818-5484 ORCiD: Fang Xu https://orcid.org/0000-0002-4878-2481 112135 |
| Appears in Collections: | Dept of Economics and Finance Research Papers |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| FullText.pdf | Copyright © 2025 The Authors. Published by Elsevier B.V. This is an open access article under a Creative Commons license (https://creativecommons.org/licenses/by/4.0/). | 2.43 MB | Adobe PDF | View/Open |
This item is licensed under a Creative Commons License
