Digitization technologies reshape the way people engage in social and business activities, transitioning events from in-person to virtual formats. However, existing evidence on the effects of digitization on participation remains fragmented and contradictory. The authors address this gap by...

We analyze how financial stability concerns discussed during Federal Open Market Committee (FOMC) meetings influence the Federal Reserve's monetary policy imple- mentation and communication. Utilizing large language models (LLMs) to analyze FOMC minutes from 1993 to 2022, we measure both...

Sustainability has become a crucial factor in the financial sector, making the assessment of a company's sustainability performance essential for informed decision-making. Recognizing the media's power to shape public perception of corporate sustainability issues, this study examines the use of...