Facial expressions and the business cycle: assessing the information content of communicated emotions

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Abstract:This paper is the first to consider the link between information conveyed by the facial expressions of a range of economic actors and economic activity. A collection of photographs is used to construct indicators of emotions communicated by the facial expressions. The indicators correspo...

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Detalles Bibliográficos
Autores principales: Aromí, José Daniel, Clements, Adam
Formato: Artículo
Lenguaje:Inglés
Publicado: Pontificia Universidad Católica Argentina. Facultad de Ciencias Económicas. Departamento de Investigación Francisco Valsecchi 2020
Materias:
INDICADORES ECONOMICOS
EXPRESIONES FACIALES
CICLOS ECONOMICOS
EMOCIONES
Acceso en línea:https://repositorio.uca.edu.ar/handle/123456789/11082
Aporte de:
Repositorio Institucional de la Universidad Católica Argentina (UCA) de Universidad Católica Argentina
id I33-R139-123456789-11082
record_format dspace
spelling I33-R139-123456789-110822024-03-21T11:38:43Z Facial expressions and the business cycle: assessing the information content of communicated emotions Aromí, José Daniel Clements, Adam INDICADORES ECONOMICOS EXPRESIONES FACIALES CICLOS ECONOMICOS EMOCIONES Abstract:This paper is the first to consider the link between information conveyed by the facial expressions of a range of economic actors and economic activity. A collection of photographs is used to construct indicators of emotions communicated by the facial expressions. The indicators correspond to the US economy for the period 1996-2018. Significant links between the level of economic activity and indices of emotional states are observed. Beyond contemporaneous associations, the indicators are shown to anticipate business cycle dynamics. Indices summarizing emotions linked to policy making and the stock market contain more information than indicators linked to corporations. 2020-12-21T13:54:31Z 2020-12-21T13:54:31Z 2020 Artículo Aromí, J. D., Clements, A. Facial expressions and the business cycle: assessing the information content of communicated emotions [en línea]. Facultad de Ciencias Económicas. Departamento de investigación Francisco Valsecchi. Documentos de trabajo en economía. 2020, 64. Disponible en: https://repositorio.uca.edu.ar/handle/123456789/11082 https://repositorio.uca.edu.ar/handle/123456789/11082 eng Acceso abierto http://creativecommons.org/licenses/by-nc-sa/4.0/ application/pdf Estados Unidos Siglo XX Siglo XXI Pontificia Universidad Católica Argentina. Facultad de Ciencias Económicas. Departamento de Investigación Francisco Valsecchi Documento de trabajo N° 64 del Departamento de Investigación Francisco Valsecchi. Facultad de Ciencias Económicas. Pontificia Universidad Católica Argentina. 2020
institution Universidad Católica Argentina
institution_str I-33
repository_str R-139
collection Repositorio Institucional de la Universidad Católica Argentina (UCA)
language Inglés
topic INDICADORES ECONOMICOS
EXPRESIONES FACIALES
CICLOS ECONOMICOS
EMOCIONES
spellingShingle INDICADORES ECONOMICOS
EXPRESIONES FACIALES
CICLOS ECONOMICOS
EMOCIONES
Aromí, José Daniel
Clements, Adam
Facial expressions and the business cycle: assessing the information content of communicated emotions
topic_facet INDICADORES ECONOMICOS
EXPRESIONES FACIALES
CICLOS ECONOMICOS
EMOCIONES
description Abstract:This paper is the first to consider the link between information conveyed by the facial expressions of a range of economic actors and economic activity. A collection of photographs is used to construct indicators of emotions communicated by the facial expressions. The indicators correspond to the US economy for the period 1996-2018. Significant links between the level of economic activity and indices of emotional states are observed. Beyond contemporaneous associations, the indicators are shown to anticipate business cycle dynamics. Indices summarizing emotions linked to policy making and the stock market contain more information than indicators linked to corporations.
format Artículo
author Aromí, José Daniel
Clements, Adam
author_facet Aromí, José Daniel
Clements, Adam
author_sort Aromí, José Daniel
title Facial expressions and the business cycle: assessing the information content of communicated emotions
title_short Facial expressions and the business cycle: assessing the information content of communicated emotions
title_full Facial expressions and the business cycle: assessing the information content of communicated emotions
title_fullStr Facial expressions and the business cycle: assessing the information content of communicated emotions
title_full_unstemmed Facial expressions and the business cycle: assessing the information content of communicated emotions
title_sort facial expressions and the business cycle: assessing the information content of communicated emotions
publisher Pontificia Universidad Católica Argentina. Facultad de Ciencias Económicas. Departamento de Investigación Francisco Valsecchi
publishDate 2020
url https://repositorio.uca.edu.ar/handle/123456789/11082
work_keys_str_mv AT aromijosedaniel facialexpressionsandthebusinesscycleassessingtheinformationcontentofcommunicatedemotions
AT clementsadam facialexpressionsandthebusinesscycleassessingtheinformationcontentofcommunicatedemotions
_version_ 1807949097116631040

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