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

A Text Analysis of His Testimonies and Speeches

Dados Bibliográficos

ID2350331
AutoresJo Ann A Abe (0000-0003-0844-1145, Southern Connecticut State University, New Haven, CT, USA,, autor correspondente)
Ano2011
Volume30
Fascículo2
Páginas212-223
Data de publicação2011-06-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoJournal of Language and Social Psychology (JOURNAL)
Identificadores do periódicoISSN: 0261-927X • E-ISSN: 1552-6526
EditoraSAGE Publications Inc (PUBLISHER)
DOI10.1177/0261927x10397152
OpenAlexW2120540476
IdiomaEN
Citações recebidas21
Referências citadas14

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