Text as Data

Matthew Gentzkow, Bryan T. Kelly, Matt Taddy

NBER Working Paper No. 23276
Issued in March 2017
NBER Program(s):Asset Pricing, Corporate Finance, Industrial Organization, Political Economy

An ever increasing share of human interaction, communication, and culture is recorded as digital text. We provide an introduction to the use of text as an input to economic research. We discuss the features that make text different from other forms of data, offer a practical overview of relevant statistical methods, and survey a variety of applications.

Acknowledgments and Disclosures

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Document Object Identifier (DOI): 10.3386/w23276

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