00000nam 2200000zi 4500 9.949479 CaOODSP 20250324160548 m o d f cr |n||||||||| 250324t20242024oncdb ob f|0| 0 eng d CaOODSP eng rda CaOODSP eng eng fre n-cn--- FB3-5/2024-32E-PDF Duprey, Thibaut, author. Let's get physical : impacts of climate change physical risks on provincial employment / by Thibaut Duprey, Soojin Jo and Geneviève Vallée. [Ottawa] : Bank of Canada = Banque du Canada, 2024. ©2024 1 online resource (ii, 77 pages) : charts, map. text txt rdacontent computer c rdamedia online resource cr rdacarrier Staff working paper = Document de travail du personnel, 1701-9397 ; 2024-32 ISSN assigned to different series. "Last updated: September 5, 2024." Includes bibliographical references. "We analyze 40 years’ worth of natural disaster shocks in Canada, using a local projection framework to assess their impact on provincial labour markets. We find that disasters decrease hours worked within a week and lower wage growth in the medium run. The impact is driven by periods of employment slack, which suggests that disasters act as a catalyst for already weak local economies. We also find a more tempered response over time, possibly due to adaptation or stronger federal financial support. Finally, we document substantial heterogeneity across disaster types. Overall, our study highlights that natural disasters can detrimentally affect vulnerable workers through the income channel"--Abstract, page ii. Includes abstract in French. Labor market Canada. Climatic changes Economic aspects Canada. Climatic changes Risk management Canada. Marché du travail Canada. Climat Changements Aspect économique Canada. Climat Changements Gestion du risque Canada. Bank of Canada, issuing body. Staff working paper (Bank of Canada) 2024-32. (CaOODSP)9.806221 PDF 7.41 MB https://publications.gc.ca/collections/collection_2025/banque-bank-canada/FB3-5-2024-32-eng.pdf