RDP 2020-08: Start Spreading the News: News Sentiment and Economic Activity in Australia Appendix B: VAR Estimates with Different Ordering

Kim Nguyen and Gianni La Cava

December 2020

Figure B1: Responses of Economic Indicators to a One Standard Deviations News Sentiment Shock, Using VAR with NSI Ordered First
Figure B1: Responses of Economic Indicators to a One Standard Deviations News Sentiment Shock, Using VAR with NSI Ordered First

Note: Shaded areas are the 90 per cent confidence intervals

Sources: Authors' calculations; Dow Jones Factiva; NAB

Figure B2: Responses of Economic Indicators to a One Standard Deviations News Uncertainty Shock, Using VAR with NUI Ordered First
Figure B2: Responses of Economic Indicators to a One Standard Deviations News Uncertainty Shock, Using VAR with NUI Ordered First

Note: Shaded areas are the 90 per cent confidence intervals

Sources: Authors' calculations; Dow Jones Factiva; NAB