A bridge between sentiment indicators: What does Google Trends tell us about COVID-19 pandemic and employment expectations in the EU new member states?

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 i...

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Detalles Bibliográficos
Autores principales: Simionescu, Mihaela, Raišienė, Agota Giedrė
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier Inc. 2021
Materias:
Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8432887/
https://www.ncbi.nlm.nih.gov/pubmed/34538968
http://dx.doi.org/10.1016/j.techfore.2021.121170
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author Simionescu, Mihaela
Raišienė, Agota Giedrė
author_facet Simionescu, Mihaela
Raišienė, Agota Giedrė
author_sort Simionescu, Mihaela
collection PubMed
description 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.
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spelling pubmed-84328872021-09-13 A bridge between sentiment indicators: What does Google Trends tell us about COVID-19 pandemic and employment expectations in the EU new member states? Simionescu, Mihaela Raišienė, Agota Giedrė Technol Forecast Soc Change Article 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. Elsevier Inc. 2021-12 2021-08-31 /pmc/articles/PMC8432887/ /pubmed/34538968 http://dx.doi.org/10.1016/j.techfore.2021.121170 Text en © 2021 Elsevier Inc. All rights reserved. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.
spellingShingle Article
Simionescu, Mihaela
Raišienė, Agota Giedrė
A bridge between sentiment indicators: What does Google Trends tell us about COVID-19 pandemic and employment expectations in the EU new member states?
title A bridge between sentiment indicators: What does Google Trends tell us about COVID-19 pandemic and employment expectations in the EU new member states?
title_full A bridge between sentiment indicators: What does Google Trends tell us about COVID-19 pandemic and employment expectations in the EU new member states?
title_fullStr A bridge between sentiment indicators: What does Google Trends tell us about COVID-19 pandemic and employment expectations in the EU new member states?
title_full_unstemmed A bridge between sentiment indicators: What does Google Trends tell us about COVID-19 pandemic and employment expectations in the EU new member states?
title_short A bridge between sentiment indicators: What does Google Trends tell us about COVID-19 pandemic and employment expectations in the EU new member states?
title_sort bridge between sentiment indicators: what does google trends tell us about covid-19 pandemic and employment expectations in the eu new member states?
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8432887/
https://www.ncbi.nlm.nih.gov/pubmed/34538968
http://dx.doi.org/10.1016/j.techfore.2021.121170
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