Table 2

Words selected by the SESTM and other sentiment measures

HIVLM
Panel A. Top 10 positive words selected by the SESTM model
DisappointedNegativeNegative
PoliticalNot classifiedNot classified
RichPositiveNot classified
StablePositivePositive
OptimisticPositivePositive
SustainedNot classifiedNot classified
ResilientNot classifiedNot classified
ExtendedNot classifiedNot classified
SteepNot classifiedNot classified
ProfitablePositivePositive
Panel B. Top 10 negative words selected by the SESTM model
FearNegativeNegative
LowNegativeNot classified
NervousNegativeNot classified
ShortNegativeNot classified
ExcessNegativeNot classified
HugeNot classifiedNot classified
UnprecedentedNot classifiedNot classified
SlumpNegativeNot classified
FellowPositiveNot classified
HopefulPositiveNot classified

Note(s): This table provides key positive and negative words selected by the SESTM, along with their corresponding classifications in the Harvard-IV (HIV) and Loughran and McDonald (LM) dictionaries. Panel A lists the top 10 positive words identified by the SESTM model, while Panel B lists the top 10 negative words

Source(s): Authors’ own work

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