Table 2 Regression results: search intensities and GDP
From: Cyclicality of labour market search: a new big data approach
Dependent variable | ||||||||
|---|---|---|---|---|---|---|---|---|
\(I^{JS}\) | \(I^{F}\) | \(I^{EA}\) | SP | |||||
Constant | 39.23*** | (14.05) | − \(27.31{*}\) | (14.39) | − \(77.84{***}\) | (13.53) | \(7.18{***}\) | (0.75) |
\(GDP_{t}\) | 0.39 | (0.81) | 0.27 | (1.14) | 0.15 | (1.29) | 0.09** | (0.04) |
\(GDP_{t-1}\) | − 5.55*** | (1.08) | − 0.63 | (2.35) | 3.46** | (1.74) | − 0.13 | (0.12) |
\(GDP_{t-2}\) | − 1.65 | (1.76) | 0.07 | (1.53) | 7.22* | (4.03) | − 0.26** | (0.11) |
\(GDP_{t-3}\) | − 1.52 | (0.99) | 5.82*** | (0.74) | 6.03** | (3.03) | − 0.43*** | (0.14) |
trend | 0.45 | (0.42) | − 0.81** | (0.33) | − 2.69*** | (0.45) | 0.04** | (0.02) |
R-squared | 0.6684 | 0.1505 | 0.5104 | 0.4409 | ||||