{"id":8304,"date":"2020-07-09T09:14:42","date_gmt":"2020-07-09T08:14:42","guid":{"rendered":"http:\/\/www.economicsobservatory.com\/ongoing-research\/coronavirus-effects-on-the-u-s-unemployment-evidence-from-google-trends"},"modified":"2020-07-09T09:14:42","modified_gmt":"2020-07-09T08:14:42","slug":"coronavirus-effects-on-the-u-s-unemployment-evidence-from-google-trends","status":"publish","type":"ongoing-research","link":"https:\/\/www.economicsobservatory.com\/test\/ongoing-research\/coronavirus-effects-on-the-u-s-unemployment-evidence-from-google-trends","title":{"rendered":"Coronavirus effects on the U.S. unemployment: evidence from Google trends"},"content":{"rendered":"<p>This paper investigates the relationship between Google search queries of \"coronavirus\" and \"unemployment\" using daily data from the United States. The investigation is achieved by employing a structural vector autoregression model, where queries of \"interest rate\" and \"inflation\" are also included. Historical decomposition analysis suggests that the spike in the search interest of \"unemployment\" is mostly explained by that of \"coronavirus\" in March 2020. The results also show that one unit of a positive shock in the search interest of \"coronavirus\" leads to 3 units of a significant cumulative increase in that of \"unemployment\" after one week which increases to 6 units after one month.<\/p>\n<p><\/p>\n","protected":false},"template":"","categories":[],"frequency":[],"type_of_data":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Coronavirus effects on the U.S. unemployment: evidence from Google trends - Economics Observatory<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.economicsobservatory.com\/test\/ongoing-research\/coronavirus-effects-on-the-u-s-unemployment-evidence-from-google-trends\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coronavirus effects on the U.S. unemployment: evidence from Google trends - Economics Observatory\" \/>\n<meta property=\"og:description\" content=\"This paper investigates the relationship between Google search queries of &quot;coronavirus&quot; and &quot;unemployment&quot; using daily data from the United States. 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