Search Results

No results found.

(refine search)
SORT BY: PREVIOUS / NEXT
Author:Seo, Boyoung 

Working Paper
Using the Eye of the Storm to Predict the Wave of Covid-19 UI Claims

We leverage an event-study research design focused on the seven costliest hurricanes to hit the US mainland since 2004 to identify the elasticity of unemployment insurance filings with respect to search intensity. Applying our elasticity estimate to the state-level Google Trends indexes for the topic “unemployment,” we show that out-of-sample forecasts made ahead of the official data releases for March 21 and 28 predicted to a large degree the extent of the Covid-19 related surge in the demand for unemployment insurance. In addition, we provide a robust assessment of the uncertainty ...
Working Paper Series , Paper WP 2020-10

FILTER BY Bank

FILTER BY Series

FILTER BY Content Type

FILTER BY Author

FILTER BY Jel Classification

C53 1 items

H12 1 items

J65 1 items

FILTER BY Keywords

PREVIOUS / NEXT