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Let's get physical : impacts of climate change physical risks on provincial employment / by Thibaut Duprey, Soojin Jo and Geneviève Vallée.FB3-5/2024-32E-PDF

"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.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.949479&sl=0

Publication information
Department/Agency
  • Bank of Canada, issuing body.
TitleLet's get physical : impacts of climate change physical risks on provincial employment / by Thibaut Duprey, Soojin Jo and Geneviève Vallée.
Series title
  • Staff working paper = Document de travail du personnel, 1701-9397 ; 2024-32
Publication typeMonograph - View Master Record
Language[English]
FormatDigital text
Electronic document
Note(s)
  • ISSN assigned to different series.
  • "Last updated: September 5, 2024."
  • Includes bibliographical references.
  • Includes abstract in French.
Publishing information
  • [Ottawa] : Bank of Canada = Banque du Canada, 2024.
  • ©2024
Author / Contributor
  • Duprey, Thibaut, author.
Description1 online resource (ii, 77 pages) : charts, map.
Catalogue number
  • FB3-5/2024-32E-PDF
Subject terms
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