Arbeitspapier
Job displacement costs of phasing out coal
The reduction of carbon emissions will require a rapid phasing out of coal and the displacement of millions of coal miners. How much could this energy transition cost mining workers? We use the dramatic collapse of the UK coal industry to estimate the long-term impact on displaced miners. We find evidence of substantial losses: wages fall by 40% and earnings fall by 80% to 90% one year after job loss. The losses are persistent and remain significantly depressed fifteen years later, amounting to present discounted value earnings losses of between four and six times the miners pre-displacement earnings.
- Sprache
-
Englisch
- Erschienen in
-
Series: IFS Working Papers ; No. 22/37
- Klassifikation
-
Wirtschaft
Wages, Compensation, and Labor Costs: General
Labor Turnover; Vacancies; Layoffs
Unemployment: Models, Duration, Incidence, and Job Search
- Thema
-
Old industrial region
coal mining
miners
dismissal
loss of earnings
Great Britain
Alte Industrieregion
Kohlenbergbau
Bergleute
Kündigung
Verdienstausfall
Großbritannien
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Rud, Juan Pablo
Simmons, Michael
Toews, Gerhard
Aragon, Fernando M.
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for Fiscal Studies (IFS)
- (wo)
-
London
- (wann)
-
2022
- DOI
-
doi:10.1920/wp.ifs.2022.3722
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Rud, Juan Pablo
- Simmons, Michael
- Toews, Gerhard
- Aragon, Fernando M.
- Institute for Fiscal Studies (IFS)
Entstanden
- 2022
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