Abstract:We propose a rolling version of the Latent Dirichlet Allocation, called RollingLDA. By a sequential approach, it enables the construction of LDA-based time series of topics that are consistent with previous states of LDA models. After an initial modeling, updates can be computed efficiently, allowing for real-time monitoring and detection of events or structural breaks. For this purpose, we propose suitable similarity measures for topics and provide simulation evidence of superiority over other commonly used a… Show more
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