Webinar, May 2023
Jules van Binsbergen, The Nippon Life Professor in Finance, presented his paper (Almost) 200 Years of News-Based Economic Sentiment, which uses the full text of 200 million pages of 13,000 U.S. local newspapers and state-of-the-art machine learning methods to construct a novel 170-year-long time series measure of economic sentiment. The paper is co-authored with Svetlana Bryzgalova, Mayukh Mukhopadhyay, and Varun Sharma, all of London Business School.
Wharton alumnus Apoorv Saxena of Silver Lake gave a discussion of the paper, followed by an opportunity for audience Q&A. Chris Geczy, Academic Director of the Jacobs Levy Center, hosted the webinar.
This event also served as a special virtual edition of the Jacobs Levy Center’s Quant Around the World series and was co-hosted with the Wharton Club of the United Kingdom.