Using Natural Language Processing to Measure COVID19-Induced Economic Policy Uncertainty for Canada and the US*
Shafiullah Qureshi (),
Ba Chu (),
Fanny S. Demers () and
Michel Demers ()
Additional contact information
Shafiullah Qureshi: Department of Economics, Carleton University, https://carleton.ca/economics/people/qureshi-shafiullah/
Ba Chu: Department of Economics, Carleton University, https://carleton.ca/economics/people/chu-ba-m/
Fanny S. Demers: Department of Economics, Carleton University, https://carleton.ca/economics/people/demers-fanny-s/
Michel Demers: Department of Economics, Carleton University, https://carleton.ca/economics/people/demers-michel/
No 22-01, Carleton Economic Papers from Carleton University, Department of Economics
Abstract:
We develop an economic policy uncertainty (EPU) index for Canada and the US using natural language processing (NLP) methods. Our EPU-NLP index is based on an application of several algorithms, including a rapid automatic keyword extraction algorithm (RAKE), a combination of the RoBERTa and the SentenceBERT algorithms, a PyLucene search engine, and the GrapeNLP local grammar engine. Classification-
Pages: 23 pages
Date: 2022-01-18
New Economics Papers: this item is included in nep-big and nep-cmp
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Published: Carleton Economics Working Papers
Downloads: (external link)
https://carleton.ca/economics/wp-content/uploads/cewp22-01.pdf
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:car:carecp:22-01
Ordering information: This working paper can be ordered from
Access Statistics for this paper
More papers in Carleton Economic Papers from Carleton University, Department of Economics C870 Loeb Building, 1125 Colonel By Drive, Ottawa Ontario, K1S 5B6 Canada.
Bibliographic data for series maintained by Sabrina Robineau ( this e-mail address is bad, please contact ).