Storms and Jobs: The Effect of Hurricanes on Individuals' Employment and Earnings over the Long Term

• 成果类型: Article
• 署名作者: Groen, Jeffrey A.; Kutzbach, Mark J.; Polivka, Anne E.
• 署名单位: United States Department of Labor; Federal Deposit Insurance Corporation (FDIC)
• 刊物名称: JOURNAL OF LABOR ECONOMICS
• ISSN/ISSBN: 0734-306X
• DOI: 10.1086/706055
• 发表日期: 2020
• 页码: 653-685
• 关键词: new-orleans; natural disasters; economic-impact; katrina; migration; aftermath; evacuees; outcomes; wages; wake

摘要

Hurricanes Katrina and Rita devastated the US Gulf Coast in 2005. We use job-level data to compare the evolution of earnings for affected workers in four states with workers from matched control counties. We attribute short-term earnings losses to job separations and long-term gains to wage growth in the affected areas. Wages rose due to reduced labor supply and increased labor demand in the affected labor markets. Damage to a worker's residence or workplace accentuated short-term earnings losses. Effects varied by prestorm industry, with larger gains for workers in sectors related to rebuilding.