Please use this identifier to cite or link to this item:
http://dspace.lib.uom.gr/handle/2159/20064
Author: | Γεωργιάδης, Ισαάκ |
Title: | Google search activity and labor reallocation |
Date Issued: | 2017 |
Department: | Διατμηματικό Πρόγραμμα Μεταπτυχιακών Σπουδών στην Οικονομική Επιστήμη |
Supervisor: | Παναγιωτίδης, Θεόδωρος |
Abstract: | This study looked into the Reallocation Hypothesis — that is, the notion that shocks that have asymmetrical effects on sectors of the economy, known as reallocation shocks, induce unfavorable unemployment conditions — using web search data as an unconventional indicator of unemployment conditions. In a panel data regression framework for the US during 2003-16, I specify FE regressions where search terms replace the unemployment rate as an indicator of unemployment on the LHS and acts as the explanatory variable. I find that selected terms showcase a positive and statistically significant correlation with the dispersion index even after the addition of control variables. Such a finding weakens any criticism that attributes the tenability of the RH to the selection of data that measure unemployment. Furthermore, this study adds to a burgeoning literature that advocates that non-traditional economic data — such as those utilized here — may contain useful information for economic research. |
Keywords: | Google Trends Labor Reallocation Panel Data |
Information: | A panel data study of the Reallocation Hypothesis (RE) along with data from Google-Trends. |
Rights: | Αναφορά Δημιουργού 4.0 Διεθνές |
Appears in Collections: | ΔΠΜΣ Οικονομική Επιστήμη (M) |
Files in This Item:
File | Description | Size | Format | |
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GeorgiadisIsaakMsc2017.pdf | 1.41 MB | Adobe PDF | View/Open | |
GeorgiadisIsaakMsc2017extra1.pdf | 3.39 MB | Adobe PDF | View/Open |
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