research

Narratives and Needs: Analyzing Experiences of Cyclone Amphan Using Twitter Discourse

People often turn to social media to comment upon and share information about major global events. Accordingly, social media is receiving increasing attention as a rich data source for understanding people's social, political and economic experiences …

Clustering to Identify States for Hidden Markov Models: Applications for Macroeconomic Time Series

Regime switching is a common modelling tool in macroeconomics used in an attempt to explicitly model structural shifts observed in the data. However, these structural shifts are usually unable to be identified. Researchers usually assume the number …

Central Bank Communication and the Yield Curve: A Semi-Automatic Approach using Non-Negative Matrix Factorization

Communication is now a standard tool in the central bank's monetary policy toolkit. Theoretically, communication provides the central bank an opportunity to guide public expectations, and it has been shown empirically that central bank communication …