Text as data
In a recent issue of the American Economic Association’s Journal of Economic Literature, Gentzkow et al. (2019) point out that “New technologies have made available vast quantities of digital text, recording an ever-increasing share of human interaction, communication, and culture. For social scientists, the information encoded in text is a rich complement to the more structured kinds of data traditionally used in research” .
Here, we provide empirical illustrations of how to translate text into meaningful social and economic data.
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