Belasen, Ariel R.; Polachek, Solomon W. - 2008
. Concomitantly, employment falls between 1½ and 5% depending on hurricane strength. On the other hand, the effects of hurricanes on … better examine the specific shocks, we also observe sectoral employment shifts. Finally, we conduct a time-series analysis … and find that over time, there is somewhat of a cobweb with earnings and employment rising and falling each quarter over a …