textdata (version 0.3.0)

lexicon_loughran: Loughran-McDonald sentiment lexicon

Description

English sentiment lexicon created for use with financial documents. This lexicon labels words with six possible sentiments important in financial contexts: "negative", "positive", "litigious", "uncertainty", "constraining", or "superfluous".

Usage

lexicon_loughran(dir = NULL, delete = FALSE, return_path = FALSE,
  clean = FALSE)

Arguments

dir

Character, path to directory where data will be stored. If NULL, user_cache_dir will be used to determine path.

delete

Logical, set TRUE to delete dataset.

return_path

Logical, set TRUE to return the path of the dataset.

clean

Logical, set TRUE to remove intermediate files. This can greatly reduce the size. Defaults to FALSE.

Value

A tibble with 4,150 rows and 2 variables:

word

An English word

sentiment

Indicator for sentiment: "negative", "positive", "litigious", "uncertainty", "constraining", or "superfluous"

Details

Citation info:

This dataset was published in Loughran, T. and McDonald, B. (2011), ``When Is a Liability Not a Liability? Textual Analysis, Dictionaries, and 10-Ks.'' The Journal of Finance, 66: 35-65.

article{loughran11, author = {Loughran, Tim and McDonald, Bill}, title = {When Is a Liability Not a Liability? Textual Analysis, Dictionaries, and 10-Ks}, journal = {The Journal of Finance}, volume = {66}, number = {1}, pages = {35-65}, doi = {10.1111/j.1540-6261.2010.01625.x}, url = {https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1540-6261.2010.01625.x}, eprint = {https://onlinelibrary.wiley.com/doi/pdf/10.1111/j.1540-6261.2010.01625.x}, year = {2011} }

See Also

Other lexicon: lexicon_afinn, lexicon_bing, lexicon_nrc_eil, lexicon_nrc_vad, lexicon_nrc

Examples

# NOT RUN {
lexicon_loughran()

# Custom directory
lexicon_loughran(dir = "data/")

# Deleting dataset
lexicon_loughran(delete = TRUE)

# Returning filepath of data
lexicon_loughran(return_path = TRUE)
# }