Does pagerank account for the semantics of inbound links?

Question

Given what's known publicly about Google's PageRank algorithm, does PageRank account for the semantics of inbound links? That is, can PageRank tell the difference between a link that discusses the target positively or negatively and weight the results accordingly?

Answer 1

No, it just considers links between pages. Original paper here: http://ilpubs.stanford.edu:8090/422/1/1999-66.pdf