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SSRNLLMs & Text

Value of Textual Data in Forecasting Macroeconomic Tail Risk

News-based data offers valuable insights not provided by economic indicators, especially for left-tail forecasts, and significantly influences consumer sentiment.

Featured in No. 8 on 19 Jul 2023 ·

Released
3 Mar 2023
First featured
No. 8 · 19 Jul 2023
Published in
Not yet, as far as Semantic Scholar knows
Shares when featured
36
Identifier
SSRN 4509043

Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).

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