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Changes in Alan Greenspan's Language Use Across the Economic Cycle

A Text Analysis of His Testimonies and Speeches

Bibliographic Data

ID2350331
AuthorsJo Ann A Abe (0000-0003-0844-1145, Southern Connecticut State University, New Haven, CT, USA,, corresponding author)
Year2011
Volume30
Issue2
Pages212-223
Publication date2011-06-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of Language and Social Psychology (JOURNAL)
Journal identifiersISSN: 0261-927X • E-ISSN: 1552-6526
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/0261927x10397152
OpenAlexW2120540476
LanguageEN
Citations received21
References cited14

This study examined changes in Alan Greenspan's language use across the economic cycle by analyzing his testimonies and speeches using the Linguistic Inquiry and Word Count Program (LIWC), which is a widely used text analysis program. Consistent with expectations, Greenspan showed an increase in the composite measure of psychological distancing as well as a decline in the measure of cognitive complexity between the economic expansion and downturn periods. Interestingly, these patterns of changes became more pronounced during the purported economic recovery period. In contrast to the measures of psychological distancing and cognitive complexity, the measure of emotionality remained relatively stable across the economic cycle

Business cycle · Cognition · Cognitive reappraisal · Distancing · Economics · Emotionality · Keynesian economics · Recession · Computer Science · Medicine · Psychology · Sentiment Analysis and Opinion Mining · Social Psychology · Artificial Intelligence

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Unique citing works21
Citations per year1,5
Citation span2012 - 2026 (15)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 21
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