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CentralBankRoBERTa: an LLM for Macroeconomics
Feb. 28, 2024, 3:06 p.m. | Moritz Pfeifer
Towards Data Science - Medium towardsdatascience.com
Harnessing AI to Classify Macroeconomic Sentiment and Addressed Agents
Image by Author (with some help from DALL-E 3)This post was co-authored with Vincent P. Marohl and is based on the paper Pfeifer, M. and Marohl, V.P. (2023) “CentralBankRoBERTa: A Fine-Tuned Large Language Model for Central Bank Communications”, Journal of Finance and Data Science https://doi.org/10.1016/j.jfds.2023.100114.
How do communications about economic policies affect economic outcomes? What is the central bank saying about small business, the housing sector or government finances? …
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