First Update: Gathering Documents and Researching Language Analysis

Going into this project, I knew that the majority of my seven weeks would be spent writing the computer program that would analyze the Federal Reserve and Federal Open Market Committee’s (FOMC) press statements, the Fed Chairman’s speeches to Congress, and articles written by major media about the Fed’s policies. As such, I decided to […]

Abstract: A Critical Analysis of the Gig Economy

Over the course of this summer I will investigate the implications of the growth of the “gig economy” since the 2008 financial crisis on the evolving labor force.  The substantial increase in independent workers performing “gigs” rather than pursuing occupations with long-term contracts and traditional benefits has recently become a controversial matter as the welfare […]

The Effect of Statements Issued by the Federal Reserve on the US Economy

If we knew how the economy, particularly the stock and bond markets, would react to the information and language in statements released by the Federal Reserve, we could predict the consequential market fluctuations. This knowledge could minimize the risk associated with those two markets and, theoretically, prevent future recessions and depressions by keeping the market […]