DP20828 Parsing the Pulse: Decomposing Macroeconomic Sentiment with LLMs

Inflatie

Macroeconomic indicators provide quantitative signals that must be pieced together and interpreted by economists. We propose a reversed approach of parsing press narratives directly using Large Language Models (LLM) to recover growth and inflation sentiment indices. A key advantage of this LLM-based approach is the ability to decompose aggregate sentiment into its drivers, readily enabling an interpretation of macroeconomic dynamics. Our sentiment indices track hard-data counterparts closely,

Tag-uri: Inflatie

din zilele anterioare