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Published on Monday, April 16, 2018 | Updated on Sunday, May 13, 2018

Big Data techniques used

European Central Bank's monetary policy tone index

This Economic Watch introduces the European Central Bank's (ECB) Monetary Policy Tone index developed from ECB documents, using text mining and Natural Language Processing (NLP) techniques. This analysis allows us to objectively identify and track the relevant thehmes within the ECB’s monetary policy discourse.

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