Presentation 2023-09-07
Sentiment-based correction and interpretation of the diffusion index
Wanwan Zheng,
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Abstract(in Japanese) (See Japanese page)
Abstract(in English) Reading economic indices is common when assessing economic conditions. In recent years, however, many studies have been conducted on economic sentiment measurement due to the importance of people's sentiments as a primary driver of consumption behavior. Several previous studies have used economic decisions derived from the Economy Watchers Survey as training data. Despite this, the real value of the Diffusion Index (DI) does not appear to be highly correlated with other economic indices, which may be due to various biases arising from people's thoughts and feelings. In this study, DI was corrected with sentiment analysis using a large-scale language model to obtain a more accurate picture of economic conditions. Furthermore, the factors that support DI were clarified.
Keyword(in Japanese) (See Japanese page)
Keyword(in English) Economy sentiment / Economy Watchers Survey / Large language model / Correction / Interpretation
Paper # NLC2023-12
Date of Issue 2023-08-30 (NLC)

Conference Information
Committee NLC
Conference Date 2023/9/6(2days)
Place (in Japanese) (See Japanese page)
Place (in English) Osaka Metropolitan University. Nakamozu Campus.
Topics (in Japanese) (See Japanese page)
Topics (in English) The 20th Text Analytics Symposium
Chair Mitsuo Yoshida(Univ. of Tsukuba)
Vice Chair Hiroki Sakaji(Univ. of Tokyo) / Takeshi Kobayakawa(NHK)
Secretary Hiroki Sakaji(rinna) / Takeshi Kobayakawa(Hiroshima Univ. of Economics)
Assistant Kanjin Takahashi(Sansan) / Yasuhiro Ogawa(Nagoya Univ.)

Paper Information
Registration To Technical Committee on Natural Language Understanding and Models of Communication
Language JPN
Title (in Japanese) (See Japanese page)
Sub Title (in Japanese) (See Japanese page)
Title (in English) Sentiment-based correction and interpretation of the diffusion index
Sub Title (in English)
Keyword(1) Economy sentiment
Keyword(2) Economy Watchers Survey
Keyword(3) Large language model
Keyword(4) Correction
Keyword(5) Interpretation
1st Author's Name Wanwan Zheng
1st Author's Affiliation Nagoya University(Nagoya Univ.)
Date 2023-09-07
Paper # NLC2023-12
Volume (vol) vol.123
Number (no) NLC-176
Page pp.pp.63-68(NLC),
#Pages 6
Date of Issue 2023-08-30 (NLC)