Haywood, Luke; Janser, Markus; Koch, Nikolas - 2021
apply the model to the archetypical fossil industry - coal mining. Based on the universe of German coal employment … security in coal drive welfare costs. We distinguish welfare costs by age, education and business cycle. High-educated workers … aged 31-49 face highest losses. Based on a detailed demographic projection, we estimate that advancing coal exit from 2038 …