Related papers: Fires and Local Labor Markets
The built environment has been postulated to have an impact on neighborhood crime rates, however, measures of the built environment can be subjective and differ across studies leading to varying observations on its association with crime…
Acts of political violence in the continental United States have increased dramatically in the last decade. For this rise in political violence, we are interested in where and when such incidents occur: how are the locations and times of…
Economic models assume that payroll tax burdens fall fully on workers, but where does tax incidence fall when taxes are firm-specific and time-varying? Unemployment insurance in the United States has the key feature of varying both across…
I propose a new conceptual framework to disentangle the impacts of weather and climate on economic activity and growth: A stochastic frontier model with climate in the production frontier and weather shocks as a source of inefficiency. I…
There is great uncertainty about future climate conditions and the appropriate policies for managing interactions between the climate and the economy. We develop a multidimensional computational model to examine how uncertainties and risks…
Effects of externally imposed periodic changes in the environment on population dynamics are studied with the help of a simple model. The environmental changes are represented by the temporal and spatial dependence of the competition terms…
Labor market institutions are central for modern economies, and their polices can directly affect unemployment rates and economic growth. At the individual level, unemployment often has a detrimental impact on people's well-being and…
The potential impact of automation on the labor market is a topic that has generated significant interest and concern amongst scholars, policymakers, and the broader public. A number of studies have estimated occupation-specific risk…
The damage to residential buildings caused by hurricane-induced hazards is significant in the United States. There is a substantial body of research related to assessing physical damages to residential buildings and their direct economic…
'Animal spirits' or confidence levels are heavily dependent on how current conditions compare to adaptation levels. In the US, with its highly flexible labor markets and weak safety nets, the unemployment rate seems to serve as a…
Recent wildfires in Australia have led to considerable economic loss and property destruction, and there is increasing concern that climate change may exacerbate their intensity, duration, and frequency. Hazard quantification for extreme…
Access to sustained clean cooking in India is essential to addressing the health burden of indoor air pollution from biomass fuels, but spatial inequality in cities can adversely affect uptake and effectiveness of policies amongst…
Forest fire prediction involves estimating the likelihood of fire ignition or related risk levels in a specific area over a defined time period. With climate change intensifying fire behavior and frequency, accurate prediction has become…
In 2023, Sicily faced an escalating issue of uncontrolled fires, necessitating a thorough investigation into their spatio-temporal dynamics. Our study addresses this concern through point process theory. Each wildfire is treated as a unique…
The credit crisis roiling the world's financial markets will likely take years and entire careers to fully understand and analyze. A short empirical investigation of the current trends, however, demonstrates that the losses in certain…
Among other macroeconomic indicators, the monthly release of U.S. unemployment rate figures in the Employment Situation report by the U.S. Bureau of Labour Statistics gets a lot of media attention and strongly affects the stock markets. I…
We study cross-country GDP losses due to financial crises in terms of frequency (number of loss events per period) and severity (loss per occurrence). We perform the Loss Distribution Approach (LDA) to estimate a multi-country aggregate GDP…
This paper presents a novel approach to distinguish the impact of duration-dependent forces and adverse selection on the exit rate from unemployment by leveraging variation in the length of layoff notices. I formulate a Mixed Hazard model…
Industrial operations have grown exponentially over the last century, driving advancements in energy utilization through vehicles and machinery.This growth has significant environmental implications, necessitating the use of sophisticated…
This article develops multiple novel climate risk measures (or variables) based on the television news coverage by Bloomberg, CNBC, and Fox Business, and examines how they affect the systematic and idiosyncratic risks of clean energy firms…