论文标题
经济现实，经济媒体和个人的期望
Economic Reality, Economic Media and Individuals' Expectations
论文作者
论文摘要
本文调查了经济媒体情绪与个人对经济状况的看法和看法之间的关系。我们测试了经济媒体情绪是否引起个人对经济状况的期望和观点，从而控制了宏观经济变量。在1993 - 2017年期间，我们使用监督的机器学习方法在瑞典经济媒体的数据集上开发了一种经济媒体情绪的度量。我们对179,846个媒体项目的情感进行了分类，源于1,071个独特的媒体，并使用带有积极和消极情绪的新闻项目来构建经济媒体情感的时间序列指数。我们的结果表明，该指数Granger认为个人对宏观经济条件的看法。这表明，经济媒体选择和构架宏观经济新闻对个人对宏观经济现实的总体看法的方式。
This paper investigates the relationship between economic media sentiment and individuals' expetations and perceptions about economic conditions. We test if economic media sentiment Granger-causes individuals' expectations and opinions concerning economic conditions, controlling for macroeconomic variables. We develop a measure of economic media sentiment using a supervised machine learning method on a data set of Swedish economic media during the period 1993-2017. We classify the sentiment of 179,846 media items, stemming from 1,071 unique media outlets, and use the number of news items with positive and negative sentiment to construct a time series index of economic media sentiment. Our results show that this index Granger-causes individuals' perception of macroeconomic conditions. This indicates that the way the economic media selects and frames macroeconomic news matters for individuals' aggregate perception of macroeconomic reality.
