How do the EM Central Bank talk? A Big Data approach to the Central Bank of Turkey

Joaquin Iglesias, Alvaro Ortiz and Tomasa Rodrigo

No 17/24, Working Papers from BBVA Bank, Economic Research Department

Abstract: We apply the natural language processing or computational linguistics (NLP) to the analysis of the communication policy (i.e statements and minutes) of the Central Bank of Turkey (CBRT). While previous literature has focused on Developed countries, we extend the NLP analysis to the Central Banks of the Emerging Markets using the Dynamic Topic Modelling approach.

Keywords: Working Paper; Central Banks; Digital economy; Economic Analysis; Emerging Economies; Turkey (search for similar items in EconPapers)
JEL-codes: E52 E58 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2017-12
New Economics Papers: this item is included in nep-ara, nep-big, nep-cba, nep-cmp, nep-cwa, nep-mac and nep-mon
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:bbv:wpaper:1724

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