EEA-ESEM Barcelona 2023 (38th meeting of the European Economic Association)
Sprache des Tagungstitel:
We present direct evidence showing how the occurrence of climate disasters affects labour demand. We argue that these disasters convey new information regarding the dangers of climate change. Our dataset combines, for the period 2010-2019, information on the universe of federal disaster declarations and data on nearly all jobs posted online in the US, as collected by Burning Glass Technology. Using skill requirements, we create a new measure of green job postings. We document that firms in localities hit by a climate disaster are more likely to post green vacancies in the period after the disaster.