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 topi...

Full description

Found in: Cs. Económicas
Other Authors: Aaronson, Daniel
Format: Electronic
Language: English
Published: Chicago, Il. : Federal Reserve Bank of Chicago, 2020
Series: Working papers ; no. 10
Subjects:
Online Access: https://www.chicagofed.org/publications/working-papers/2020/2020-10