Can media and text analytics provide insights into labour market conditions in China? / by Jeannine Bailliu … [et al.]. : FB3-5/2018-12E-PDF

“Although issues have been raised with respect to many of China's official statistics, those pertaining to the labour market have been seen as particularly problematic. A reliable and regularly released labour market indicator can offer insights into an economy’s cyclical position, supporting macroeconomic analysis and policy-making. Moreover, such an indicator is essential for the design of appropriate labour market policies. In this paper, we utilize machine learning techniques, specifically text analytics, to construct a labour market conditions index (LMCI) for China by extracting labour market information from mainland Chinese-language newspapers over the period 2003 to 2017. The results suggest that text analytics can be used to extract useful labour market information from Chinese newspapers"--Non-technical summary.

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Renseignements sur la publication
Ministère/Organisme Bank of Canada.
Titre Can media and text analytics provide insights into labour market conditions in China? / by Jeannine Bailliu … [et al.].
Titre de la série Bank of Canada staff working paper, 1701-9397 ; 2018-12
Type de publication Série - Voir l'enregistrement principal
Langue [Anglais]
Format Électronique
Document électronique
Note(s) "March 2018."
Includes bibliographical references (p. 19-21).
Includes abstract in French.
Information sur la publication [Ottawa] : Bank of Canada, 2018.
Auteur / Contributeur Bailliu, Jeannine N.
Description ii, 40 p. : charts (mostly col.), col. map.
Numéro de catalogue
  • FB3-5/2018-12E-PDF
Descripteurs Labour market
Statistical analysis
Newspapers
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