Challenge: Existing evaluation strategies for analyzing economic data with narratives are limited due to the complexity of the interplay of numerous factors and the difficulty in isolating causal relationships.
Approach: They propose to use two Twitter datasets to capture economy-related narratives and use them to construct models using large language models.
Outcome: The proposed models are able to predict macroeconomic fluctuations using the extracted or extracted narratives in two Twitter datasets.

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Challenge: Existing attempts to model the relationship between the real world and written or spoken text have focused on more interpretable and simplistic text representations.
Approach: They propose to link shifts in semantic embedding space to real-world market shocks and partisanship to shape predictions of market fluctuations.
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The Empirical Variability of Narrative Perceptions of Social Media Texts (2024.emnlp-main)

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Challenge: Identifying stories in social media texts provides a lens through which we can study how individuals and communities process and communicate experiences.
Approach: They construct a taxonomy of crowd workers’ varied and nuanced perceptions of storytelling by open-coding their free-text rationales.
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Are NLP Models Good at Tracing Thoughts: An Overview of Narrative Understanding (2023.findings-emnlp)

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Challenge: Large language models (LLMs) excel in generating coherent texts, but their ability to comprehend the author’s thoughts remains uncertain.
Approach: They conduct a comprehensive survey of narrative understanding tasks, examining their key features, definitions, taxonomy, associated datasets, evaluation metrics, and limitations.
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A Structured Clustering Approach for Inducing Media Narratives (2026.acl-long)

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Challenge: Existing approaches to modeling media narratives miss subtle narrative patterns through coarse-grained analysis or require domain-specific taxonomies that limit scalability.
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Narrative Theory for Computational Narrative Understanding (2021.emnlp-main)

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Challenge: a growing body of theoretical work on narrative has been focused on the field of natural language processing . this position paper aims to provide a unifying framework for the computational study of narrative .
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Do LLM Agents Really Mimic Humans? Diagnosing and Aligning Microeconomic Behaviors in Macro-ABMs (2026.findings-acl)

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Challenge: Existing studies focus on replicating macro-level stylized facts while neglecting verification of micro-level decision-making.
Approach: They propose a framework that replicates macro-level stylized facts while ignoring micro-level decision-making.
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Proceedings of the Second Workshop on Economics and Natural Language Processing (D19-51)

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Challenge: ECONLP 2019 will focus on the many ways natural language processing influences business relations and procedures .
Approach: a talk will discuss use-cases of natural language processing to aid in regulatory workflows . a workshop will focus on the many ways how NLP influences business relations and procedures .
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Harnessing LLMs for Temporal Data - A Study on Explainable Financial Time Series Forecasting (2023.emnlp-industry)

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Challenge: Recent advances in machine learning and artificial intelligence have opened up numerous opportunities and challenges in financial time series forecasting.
Approach: They propose to use Large Language Models for explainable financial time series forecasting to leverage cross-sequence information and extract insights from text and price time series.
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Are Large Language Models Capable of Generating Human-Level Narratives? (2024.emnlp-main)

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Challenge: a recent HCI study has pointed to gaps in machine storytelling ability at the global level . authors show that LLMs have less suspense and less tension than human stories .
Approach: They propose a computational framework to analyze narratives through three discourse-level aspects.
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From Charts to Fair Narratives: Uncovering and Mitigating Geo-Economic Biases in Chart-to-Text (2025.emnlp-main)

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Challenge: Existing VLMs produce more positive descriptions for high-income countries compared to middle- or low-income nations, even when country attribution is the only variable changed.
Approach: They propose to automate the process by generating textual summaries of charts using vision-language models to understand how a country’s economic status influences the sentiment of generated summary.
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