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Central Bank Communication: One Size Does Not Fit All

24 May 2021 RDP 2021-05
Joan Huang and John Simon
You can find a sample survey in this link (https://www.surveymonkey.com/r/EC_G1). ... Figure 2: Distribution of Survey Scores. Count of paragraphs. Note: The distribution panel is generated using the density function in R.
https://www.rba.gov.au/publications/rdp/2021/2021-05/full.html

Survey Results

1 May 2021 RDP 2021-05
Joan Huang and John Simon
Figure 2: Distribution of Survey Scores. Count of paragraphs. Note: The distribution panel is generated using the density function in R. ... However, the value of R. 2. is only 0.008. This is a very low value, indicating that the FK score may be a poor
https://www.rba.gov.au/publications/rdp/2021/2021-05/survey-results.html

What is Effective Central Bank Communication?

1 May 2021 RDP 2021-05
Joan Huang and John Simon
u. m. b. e. r. o. f. w. o. r. d. ... s. n. u. m. b. e. r. o. f. s. e.
https://www.rba.gov.au/publications/rdp/2021/2021-05/what-is-effective-central-bank-communication.html

Results

1 May 2021 RDP 2021-05
Joan Huang and John Simon
l. i. t. y. m. e. a. s. u. r. e. =. ... a. g. r. a. p. h. s. c. l. a. s.
https://www.rba.gov.au/publications/rdp/2021/2021-05/results.html

The Models

1 May 2021 RDP 2021-05
Joan Huang and John Simon
o. t. h. e. r. w. i. s. e. We evaluate model performance using 2 standard evaluation metrics: the confusion matrix and the ROC-AUC curve. ... The feature importance is extracted as a part of model outputs that is generated using the caret package in R.
https://www.rba.gov.au/publications/rdp/2021/2021-05/the-models.html

Appendix C: Model Tuning Process

1 May 2021 RDP 2021-05
Joan Huang and John Simon
Proportion of CC. 5.1. Proportion of NNS. 4.2. Note:. The feature importance is extracted as a part of model outputs that is generated using the caret package in R;
https://www.rba.gov.au/publications/rdp/2021/2021-05/appendix-c.html

Central Bank Communication: One Size Does Not Fit All

24 May 2021 RDP 2021-05
Joan Huang and John Simon
There are 4 main programs that are all written as R Markdown files. ... tree_parse_feature_extract.R’ - functions to extract parse tree features for sample paragraphs.
https://www.rba.gov.au/publications/rdp/2021/2021-05/read-me.html

Data

1 May 2021 RDP 2021-05
Joan Huang and John Simon
You can find a sample survey in this link (https://www.surveymonkey.com/r/EC_G1).
https://www.rba.gov.au/publications/rdp/2021/2021-05/data.html

Appendix D: Model Validation Results

1 May 2021 RDP 2021-05
Joan Huang and John Simon
a. c. y. r. a. n. d. o. m. a. c. ... u. r. a. c. y. =. p. 1. p. 2. (. 1. p. 1. ). (. 1. p. 2. ). Accuracy is a fairly commonly used measure and it varies from 76.7 per cent for
https://www.rba.gov.au/publications/rdp/2021/2021-05/appendix-d.html

Methodology and Model Data

1 May 2021 RDP 2021-05
Joan Huang and John Simon
We use the openNLP package in R (Hornik 2019) for this exercise.
https://www.rba.gov.au/publications/rdp/2021/2021-05/methodology-and-model-data.html