What Drives Job Search? Evidence from Google Search Data

The large-scale unemployment caused by the Great Recession has necessitated unprecedented increases in the duration of unemployment insurance (UI). While it is clear that the weekly payments are beneficial to recipients, workers receiving benefits have less incentive to engage in job search and accept job offers. We construct a job search activity index based on Google data which provides the first high-frequency, state-specific measure of job search activity. We demonstrate the validity of our measure by benchmarking it against the American Time Use Survey and the comScore Web-User Panel, and also by showing that it varies with hypothesized drivers of search activity. We test for search activity responses to policy shifts and changes in the distribution of unemployment benefit duration. We find that search activity is greater when a claimant's UI benefits near exhaustion. Furthermore, search activity responses to the passage of bills that increase unemployment benefits duration are negative but short-lived in most specifications. Using daily data, we estimate that an increase by 1% of the population of unemployed receiving additional benefits results in a decrease in aggregate search activity of 1.7% lasting only one week.Job Search, Unemployment, Unemployent Insurance, Moral Hazard, Internet Search

The Welfare Economics of Default Options in 401(k) Plans

Default contribution rates for 401(k) pension plans powerfully influence workers’ choices. Potential causes include opt-out costs, procrastination, inattention, and psychological anchoring. We examine the welfare implications of defaults under each theory using the framework for behavioral welfare economics developed by Bernheim and Rangel (2009). We show how the optimal default, the magnitude of the welfare effects, and the degree of normative ambiguity depend on the behavioral model, the scope of the choice domain deemed welfare-relevant, the use of penalties for passive choice, and other 401(k) plan features. In some settings, non-participation emerges as the optimal default, contrary to common wisdom.

Do incentives to review help the market? Evidence from a field experiment on Airbnb

Online reviews are typically written by volunteers and, consequently, accurate information about seller quality may be underprovided. We study the extent of this under-provision in a randomized experiment conducted by Airbnb. In the treatment, buyers are offered a coupon to review listings that have no prior reviews. The treatment induces additional reviews, which are more negative on average. Induced reviews do not change nights sold, although they affect the types of transactions that occur. Measures of transaction quality for treated sellers do not improve. We show how market conditions and the design of the reputation system can explain our findings.First author draf

Competition avoidance vs herding in job search: evidence from large-scale field experiments on an online job board

First author draf

Имитация распределенной обработки информации в вычислительных системах и локальных вычислительных сетях

Предложено использовать для анализа вариантов организации распределенной обработки информации в вычислительных системах и локальных вычислительных сетях вероятностный граф реализации вычислительного процесса с явными связями типа вероятностных сетевых графиков.Запропоновано використовувати для аналізу варіантів організації розподіленої обробки інформації в обчислювальних системах і в локальних обчислювальних мережах імовірнісний граф реалізації обчислювального процесу з явними зв’язками типу імовірнісних сіткових графіків.It іs оffered to use for analyzing variants of organization of distributed information processing in computing systems and local computing networks a probabilistic graph for realizing a computing process with evident relationships of the type probabilistic network diagrams

Replication data for: "The Impact of Unemployment Insurance on Job Search: Evidence from Google Search Data"

Replication data for: "The Impact of Unemployment Insurance on Job Search: Evidence from Google Search Data

Blame the Parents? How Financial Incentives Affect Labor Supply and Job Quality for Young Adults

info:eu-repo/semantics/nonPublishe

Blame the parents? How parental unemployment affects labor supply and job quality for young adults

We study the role of shocks to parental income in determining the labor market outcomes of children entering the labor market. We find that a child whose parent loses a job prior to the child’s labor market entry is, on average, induced to work 9% more in the 3 years following labor market entry than a child whose parents lose a job after the child’s entry. This effect is concentrated on the extensive margin and decreases in magnitude over time. We find no evidence that these shocks affect the quality of the job that entrants find.SCOPUS: ar.jinfo:eu-repo/semantics/publishe

Blame the Parents? How Financial Incentives Affect Labor Supply and Job Quality for Young Adults

info:eu-repo/semantics/nonPublishe