00000nam 2200000zi 4500 9.921976 CaOODSP 20250218144407 m o d f cr |n||||||||| 230426t20232023oncd ob f|0| 0 eng d CaOODSP eng rda CaOODSP eng eng fre n-cn--- FB3-6/2023-8E-PDF Chen, Lin, author. Turning words into numbers : measuring news media coverage of shortages / by Lin Chen and Stephanie Houle. Ottawa, Ontario, Canada : Bank of Canada = Banque du Canada, 2023. ©2023 1 online resource (ii, 26 pages) : charts. text txt rdacontent computer c rdamedia online resource cr rdacarrier Staff discussion paper = Document d'analyse du personnel, 1914-0568 ; 2023-8 "Last updated: March 31, 2023." Includes bibliographical references (pages 18-19). "We generate high-frequency and up-to-date indicators to monitor news media coverage of supply (raw, intermediate and final goods) and labour shortages in Canada. We use natural language processing to construct two news-based indicators and time-varying topic narratives to track Canadian media coverage of these shortages from 2000 to 2022. This makes our indicators an insightful alternative monitoring tool for policy. Notably, our indicators track well with monthly price indexes and measures from the Bank of Canada’s Business Outlook Survey, and they are highly correlated with commonly tracked indicators of supply constraint. Moreover, the news-based indicators reflect the attention of the public on pressing issues"--Abstract. Includes abstract in French. COVID-19 Pandemic, 2020-2023 Economic aspects Canada. Scarcity Press coverage Canada. Pandémie de COVID-19, 2020-2023 Aspect économique Canada. Rareté (Économie politique) Couverture de presse Canada. Bank of Canada, issuing body. Staff discussion paper (Bank of Canada) 2023-8. (CaOODSP)9.806273 PDF 2.23 MB https://publications.gc.ca/collections/collection_2023/banque-bank-canada/FB3-6-2023-8-eng.pdf