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• W3163077881 abstract "Environmental regulations such as carbon taxation andair quality standards can lead to notable improvements in healthoutcomes and ambient air quality. However, these types of policiesmay have significant impacts on the labor market, in particular forworkers in energy-intensive industries, especially if these workershave acquired specific human capital in those industries. Thisdissertation focuses on the general equilibrium consequences ofenvironmental regulation on the labor market. Specifically, Iexamine costly reallocation of workers between sectors, the welfareeffects of involuntary unemployment, and the heterogeneous effectsof this policy on different types of workers. To this end, Idevelop a two-sector search model with sectoral human capitalaccumulation to explore the effects on the labor market ofimplementing a per unit of energy use carbon tax in the US. Iseparate the economy into a high-intensive sector (’dirty’) and alow-intensive sector (’clean’). I calibrate the model using 2014U.S. data. I find that a carbon tax increases total unemployment by0.06 percentage points, decreases the dirty employment rate by 2.1percent, and increases the clean employment rate by 1.04 percent.Firms in the dirty sector adjust by decreasing the demand forhigh-skilled workers and increasing the number of vacancies in thelow-skilled market" @default.
• W3163077881 created "2021-05-24" @default.
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• W3163077881 date "2019-01-01" @default.
• W3163077881 modified "2023-09-24" @default.
• W3163077881 title "Essays on General Equilibrium Impacts of Environmental Regulations on Labor Markets" @default.
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• W3163077881 hasPublicationYear "2019" @default.
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