We review several existing text analysis methodologies and explain their formal application processes using the open-source software R and relevant packages. Several text mining applications to analyze central bank texts are presented

Die Dauer der Arbeitslosigkeit hängt wesentlich von der Höhe des Arbeitslosengeldes ab sowie den Erwartungen über die Höhe des Einkommens auf dem neuen Arbeitsplatz. Frauen, insbesondere Mütter, ältere Personen und Nichtjuden sind länger arbeitslos als andere Gruppen. In Landesteilen mit...

We study a unique dataset with comprehensive coverage of daily prices in large multi-product retailers in Israel. Retail stores synchronize price changes around occasional “peak” days when they reprice around 10% of their products. To assess aggregate implications of partial price...

Standard theories of price adjustment are based on the problem of a single-product firm, and therefore they may not be well suited to analyze price dynamics in the economy with multiproduct firms. To guide new theory, we study a unique dataset with comprehensive coverage of daily prices in large...

We study a unique dataset with comprehensive coverage of daily prices in large multi-product retailers in Israel. Retail stores synchronize price changes around occasional "peak" days when they reprice around 10% of their products. To assess aggregate implications of partial price...