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dc.contributor.advisorΠαναγιωτίδης, Θεόδωροςel
dc.contributor.authorΓεωργιάδης, Ισαάκel
dc.descriptionA panel data study of the Reallocation Hypothesis (RE) along with data from Google-Trends.el
dc.description.abstractThis 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.el
dc.publisherΠανεπιστήμιο Μακεδονίαςel
dc.rightsΑναφορά Δημιουργού 4.0 Διεθνέςel
dc.subjectGoogle Trendsel
dc.subjectLabor Reallocationel
dc.subjectPanel Datael
dc.titleGoogle search activity and labor reallocationel
dc.typeElectronic Thesis or Dissertationen
dc.contributor.departmentΔιατμηματικό Πρόγραμμα Μεταπτυχιακών Σπουδών στην Οικονομική Επιστήμηel
Appears in Collections:ΔΠΜΣ Οικονομική Επιστήμη (M)

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