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"An important component of the debate surrounding climate legislation in the United States is its potential impact on labor markets. Theoretically the connection is ambiguous and depends on the sign of cross-elasticity of labor demand with respect to energy prices, which is a priori unknown....
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We analyze the quantitative labor market and aggregate effects of a carbon tax in a framework with pollution externalities and equilibrium unemployment. Our model incorporates endogenous labor force participation and two margins of adjustment influenced by carbon taxes: firm creation and green...
Persistent link: https://www.econbiz.de/10013225863
We analyze the quantitative labor market and aggregate effects of a carbon tax in a framework with pollution externalities and equilibrium unemployment. Our model incorporates endogenous labor force participation and two margins of adjustment influenced by carbon taxes: (1) firm creation and (2)...
Persistent link: https://www.econbiz.de/10013312836
This paper presents a new approach to estimate the green potential of occupations. Using data from O*NET on the skills that workers possess and the tasks they carry out, we train several machine learning algorithms to predict the green potential of U.S. occupations classified according to the...
Persistent link: https://www.econbiz.de/10012195796
We analyze the quantitative labor market and aggregate effects of a carbon tax in a framework with pollution externalities and equilibrium unemployment. Our model incorporates endogenous labor force participation and two margins of adjustment influenced by carbon taxes: (1) firm creation and (2)...
Persistent link: https://www.econbiz.de/10012533344
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