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A bridge between sentiment indicators: What does Google Trends tell us about COVID-19 pandemic and employment expectations in the EU new member states?
Technological Forecasting and Social Change ( IF 12.9 ) Pub Date : 2021-08-31 , DOI: 10.1016/j.techfore.2021.121170
Mihaela Simionescu 1 , Agota Giedrė Raišienė 2
Affiliation  

The sentiment indicators tend to reflect better the social tensions caused by COVID-19 pandemic. In this context, the aim of this paper is to reflect the relationship between employment expectations and tensions related to new coronavirus. The impact of COVID-19 pandemic on employment expectations is assessed using the data collected by Google Trends in Panel Autoregressive Distributed Lag (panel ARDL) models and Bayesian multilevel model. The results indicated that COVID-19 searched on Google had a negative impact on employment expectations in the EU New Member States on the period March 2020-May 2021. The unemployment and inflation rate had also a negative effect, while improvement in economic sentiment indicator has increased the employment expectations. These results are the support of economic policies to reduce labour market tensions and improve employment expectations.



中文翻译:

情绪指标之间的桥梁:Google 趋势告诉我们有关欧盟新成员国 COVID-19 大流行和就业预期的哪些信息?

情绪指标往往能更好地反映由 COVID-19 大流行引起的社会紧张局势。在此背景下,本文旨在反映与新型冠状病毒相关的就业预期与紧张局势之间的关系。COVID-19 大流行对就业预期的影响是使用谷歌趋势在面板自回归分布式滞后(面板 ARDL)模型和贝叶斯多级模型中收集的数据进行评估的。结果表明,在谷歌上搜索到的 COVID-19 对 2020 年 3 月至 2021 年 5 月期间欧盟新成员国的就业预期产生了负面影响。失业率和通货膨胀率也产生了负面影响,同时经济情绪指标的改善也带来了负面影响。提高了就业预期。

更新日期:2021-09-01
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