We study the relationship between unemployment, environmental policy, and business cycles. We develop a dynamic stochastic general equilibrium real business cycle model that includes both a pollution externality and congestion externalities from labor market search frictions. These frictions...

We use a data-driven approach to predict the "green potential" of ISCO occupations based on their corresponding skills. This information allows us to investigate the relationship between environmental regulations and occupation-level employment in the manufacturing sector of 19 European...

We use a data-driven approach to predict the "green potential" of ISCO occupations based on their corresponding skills. This information allows us to investigate the relationship between environmental regulations and occupation-level employment in the manufacturing sector of 19 European...

Political debates around environmental regulation often center around the effect of policy on jobs. Opponents decry the "job-killing" EPA and proponents point to "green jobs" as a positive policy outcome. And beyond the political debates, Congress requires the EPA to evaluate "potential losses...

We study the relationship between unemployment, environmental policy, and business cycles. We develop a dynamic stochastic general equilibrium real business cycle model that includes both a pollution externality and congestion externalities from labor market search frictions, which generate...

We study the incidence of pollution taxes and their impact on unemployment in an analytical general equilibrium efficiency wage model. We find closed-form solutions for the effect of a pollution tax on unemployment, factor prices, and output prices, and we identify and isolate different channels...