A new innovative AI-based index: Anadolu University Economic Confidence Index
in: AI-Driven Decision-Making in Finance, CRC Press, pp.43-52, 2026
- Publication Type: Book Chapter / Chapter Research Book
- Publication Date: 2026
- Doi Number: 10.1201/9781003656463-3
- Publisher: CRC Press
- Page Numbers: pp.43-52
- Anadolu University Affiliated: Yes
Abstract
This chapter presents a novel, high-frequency Economic Confidence Index (ECI) constructed using natural language processing (NLP) and sentiment analysis on economic news articles for Turkish economy. Inspired by the S&P Twitter Sentiment Index, the model captures fluctuations in economic sentiment by analyzing public discourse in near real-time using large volumes of textual data scraped daily from Turkish news sites to create a web-based, artificial intelligence-driven index.