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Text mining for central banks

David Bholat, Stephen Hans, Pedro Santos and Cheryl Schonhardt-Bailey

in Handbooks from Centre for Central Banking Studies, Bank of England

Abstract: Although often applied in other social sciences, text mining has been less frequently used in economics and in policy circles, particularly inside central banks. This Handbook is a brief introduction to the field, discussing how text mining is useful for addressing research topics of interest to central banks, and providing a step-by-step primer on how to mine text, including an overview of unsupervised and supervised techniques.

Keywords: Text; mining; for; central; banks (search for similar items in EconPapers)
JEL-codes: A12 C11 C45 C55 D81 D82 (search for similar items in EconPapers)
Date: 2015
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