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The Cheerleader of The United States

Ghorbani, Tom LU and Stridsberg Usterud, Oliver LU (2018) NEKN01 20181
Department of Economics
Abstract
How does Donald Trump’s passionate Twitter usage impact consumer confidence? This paper develops a new time series measure of Donald Trump’s Twitter based on a sentiment analysis using data from June 2016 to March 2018. Furthermore, we capture the economic sentiment based on computational text analysis using economic news articles from January 2000 to March 2018, assuming that Trump acts as an extension to traditional newspapers. Using these never deployed time series we are able to investigate how Trump can affect the Consumer Confidence Index in the United States, both on a national and regional level. This paper finds that Donald Trump has the ability to affect consumer confidence through his usage of Twitter. Observing stronger effects... (More)
How does Donald Trump’s passionate Twitter usage impact consumer confidence? This paper develops a new time series measure of Donald Trump’s Twitter based on a sentiment analysis using data from June 2016 to March 2018. Furthermore, we capture the economic sentiment based on computational text analysis using economic news articles from January 2000 to March 2018, assuming that Trump acts as an extension to traditional newspapers. Using these never deployed time series we are able to investigate how Trump can affect the Consumer Confidence Index in the United States, both on a national and regional level. This paper finds that Donald Trump has the ability to affect consumer confidence through his usage of Twitter. Observing stronger effects in regions that consist of mainly Republican constituents. (Less)
Please use this url to cite or link to this publication:
author
Ghorbani, Tom LU and Stridsberg Usterud, Oliver LU
supervisor
organization
alternative title
The Effect of President Trump’s Twitter on Consumer Confidence in the United States
course
NEKN01 20181
year
type
H1 - Master's Degree (One Year)
subject
keywords
Donald Trump, Consumer Confidence, Twitter, Sentiment, Text Analysis
language
English
id
8946382
date added to LUP
2021-04-26 09:06:23
date last changed
2021-04-26 09:06:23
@misc{8946382,
  abstract     = {{How does Donald Trump’s passionate Twitter usage impact consumer confidence? This paper develops a new time series measure of Donald Trump’s Twitter based on a sentiment analysis using data from June 2016 to March 2018. Furthermore, we capture the economic sentiment based on computational text analysis using economic news articles from January 2000 to March 2018, assuming that Trump acts as an extension to traditional newspapers. Using these never deployed time series we are able to investigate how Trump can affect the Consumer Confidence Index in the United States, both on a national and regional level. This paper finds that Donald Trump has the ability to affect consumer confidence through his usage of Twitter. Observing stronger effects in regions that consist of mainly Republican constituents.}},
  author       = {{Ghorbani, Tom and Stridsberg Usterud, Oliver}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{The Cheerleader of The United States}},
  year         = {{2018}},
}