G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w20010
来源IDWorking Paper 20010
Using Social Media to Measure Labor Market Flows
Dolan Antenucci; Michael Cafarella; Margaret Levenstein; Christopher Ré; Matthew D. Shapiro
发表日期2014-03-27
出版年2014
语种英语
摘要Social media enable promising new approaches to measuring economic activity and analyzing economic behavior at high frequency and in real time using information independent from standard survey and administrative sources. This paper uses data from Twitter to create indexes of job loss, job search, and job posting. Signals are derived by counting job-related phrases in Tweets such as "lost my job." The social media indexes are constructed from the principal components of these signals. The University of Michigan Social Media Job Loss Index tracks initial claims for unemployment insurance at medium and high frequencies and predicts 15 to 20 percent of the variance of the prediction error of the consensus forecast for initial claims. The social media indexes provide real-time indicators of events such as Hurricane Sandy and the 2013 government shutdown. Comparing the job loss index with the search and posting indexes indicates that the Beveridge Curve has been shifting inward since 2011.
主题Econometrics ; Data Collection ; Macroeconomics ; Consumption and Investment ; Labor Economics ; Unemployment and Immigration
URLhttps://www.nber.org/papers/w20010
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/577684
推荐引用方式
GB/T 7714
Dolan Antenucci,Michael Cafarella,Margaret Levenstein,et al. Using Social Media to Measure Labor Market Flows. 2014.
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