Barattieri, Alessandro; Borda, Patrice; Brugnoli, Alberto; Pelli, Martino; Tschopp, Jeanne (June 2021). The Short-Run Dynamic Employment Effects of Natural Disasters: New Insights (Cahier scientifique 2021s-22). Cirano 10.2139/ssrn.3871880
Full text not available from this repository.We study the short-run, dynamic employment effects of natural disasters. We exploit monthly data for over 90 3-digits NAICS industries and 78 Puerto Rican counties over the period 1995-2017. Our exogenous measure of exposure to natural disasters is computed using the maximum wind speed recorded in each county during each hurricane. Using panel local projections, we find that after the “average” hurricane, employment and wages fall by 1% on average. The effects peak after six months and disappear within two years. Across industries, we find substantial heterogeneity in the employment responses. This heterogeneity can be partly explained by input-output linkages.
Item Type: |
Working Paper |
|---|---|
Division/Institute: |
03 Faculty of Business, Economics and Social Sciences > Department of Economics |
UniBE Contributor: |
Tschopp, Jeanne |
Subjects: |
300 Social sciences, sociology & anthropology > 330 Economics |
ISSN: |
2292-0838 |
Series: |
Cahier scientifique |
Publisher: |
Cirano |
Language: |
English |
Submitter: |
Dino Collalti |
Date Deposited: |
31 Jan 2022 09:08 |
Last Modified: |
05 Dec 2022 16:01 |
Publisher DOI: |
10.2139/ssrn.3871880 |
URI: |
https://boris.unibe.ch/id/eprint/163816 |
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