Staff working papers
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Let’s Get Physical: Impacts of Climate Change Physical Risks on Provincial Employment
Staff Working Paper 2024-32 Thibaut Duprey, Soojin Jo, Geneviève ValléeWe analyze 40 years’ worth of natural disasters using a local projection framework to assess their impact on provincial labour markets in Canada. We find that disasters decrease hours worked within a week and lower wage growth in the medium run. Our study highlights that disasters affect vulnerable workers through the income channel.Content Type(s): Staff research, Staff working papers Topic(s): Climate change, Labour markets, Regional economic developments JEL Code(s): C, C3, C33, E, E2, E24, J, J3, Q, Q5, Q54
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