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    How do the EM Central Bank talk? A Big Data approach to the Central Bank of Turkey

    Published on Monday, December 4, 2017 | Updated on Sunday, May 13, 2018

    Big Data techniques used

    How do the EM Central Bank talk? A Big Data approach to the Central Bank of Turkey

    Summary

    We apply the natural language processing or computational linguistics (NLP) to the analysis of the communication policy (i.e statements and minutes) of the Central Bank of Turkey (CBRT). While previous literature has focused on Developed countries, we extend the NLP analysis to the Central Banks of the Emerging Markets using the Dynamic Topic Modelling approach.

    Geographies

    Authors

    Joaquín Iglesias
    Alvaro Ortiz BBVA Research - Head of Analysis with Big Data
    Tomasa Rodrigo BBVA Research - Lead Economist

    Documents and files


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    Report (PDF)

    How-do-the-EM-Central-Banks-Talk_Dec17

    English - December 4, 2017

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