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Cultural History of Financial News in Vienna 1771 – 1914 Digital Visualization Strategies

Cultural History of Financial News in Vienna 1771 – 1914 Digital Visualization Strategies Monika Kovarova- Simecek (FHSTP/Uni Wien) Sophie-Carolin Wagner (ONB Labs) Stephan Karner (ONB Labs). CONTEXT. „Financial journalists contribute to the financial crisis by (…)“.

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Cultural History of Financial News in Vienna 1771 – 1914 Digital Visualization Strategies

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  1. Cultural History of Financial News in Vienna 1771 – 1914 Digital VisualizationStrategies Monika Kovarova-Simecek(FHSTP/Uni Wien) Sophie-Carolin Wagner (ONB Labs) Stephan Karner (ONB Labs)

  2. CONTEXT „Financial journalistscontributetothefinancialcrisisby (…)“ Source: The Economist, May 26, 2015 The Economist: China's stock markets - A crazy casino (May 26, 2015) The Guardian: Confession of an reporter (August 31, 2015)

  3. Research questions RQ 1 | How did financial journalism change with respect to relevant newspapers, formats, and functions over time? WHERE CAN VISUALIZATIONS SUPPORT? RQ 2 | Which public should be addressed with financial news in what form?

  4. Methodicalprocedure Keyword-basedsearch ANNO [Wien, 1771-1914] 1 Börse* | 1 685 441 „Wiener Börse“ | 235 597 Web Scraping > webscraper.io [CSV: Title, Year, Hits] 2 4 028 974 Aktie* | 1 158 329 Obligation* | 594 106 Data enrichment [+Contexts, +Target Groups] 3 Pfandbrief* | 355 501 4 Visualization [ONB Labs | Plot.ly]

  5. Top 10 newspaperspublishing stock marketreports in Vienna 1771-1914 80% of all hits on Börse* | increasesince 1860 | peakduringthe crash 1873

  6. Intensityof stock marketreporting in the top 10 newspapers 1771-1914 highestintensityduringthe crash 1873

  7. Target groupsaddressedbyfinancialnews in Vienna 1771-1914 generalpublic in focus | traders, soldiers and lawyershighly relevant

  8. Access tothecollection (titles and issues) via plot.ly

  9. Research value Newspapers ashistorical source + quantitative approach [cultural turn + digital turn] Nicholson, 2013 Automateddatacollection & analysis > profoundempiricalbasis in historicalcommunications possible [culturomics] Michel et al., 2011 Identificationofbroadpatterns in thedatabase > guideforfurther and deeperresearch [distantreading] Moretti, 2016

  10. Research outlook Access tothehitswithinthecollection (Free) annotationofthehitsfound Text Mining (Word Clouds)

  11. Thankyou Website: https://labs.onb.ac.at/en/topic/financial-news/ Email: monika.kovarova-simecek@fhstp.ac.at Twitter @monika_kovarova

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