Online Seminar | 7 October, 2020
h. 12:00 pm CEST
Speaker: Francesco Vona, OFCE SciencesPo, SKEMA Business School, CMCC@Ca’Foscari
Introduced by: Enrica DeCian, CMCC@Ca’Foscari
Popp, D., Vona, F., Marin, G., Chen, Z., 2020
NBER working paper 27321
Abstract:
We evaluate the employment effect of the green part of the largest fiscal stimulus in recent history, the American Recovery and Reinvestment Act (ARRA). Each $1 million of green ARRA created 15 new jobs that emerged especially in the post-ARRA period (2013-2017). We find little evidence of significant short-run employment gains. Green ARRA creates more jobs in commuting zones with a greater prevalence of pre-existing green skills. Nearly half of the jobs created by green ARRA investments were in construction or waste management. Nearly all new jobs created are manual labor positions. Nonetheless, manual labor wages did not increase.
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HOW TO PARTICIPATE
If you want to attend the seminar, click on the following link for registration:
https://us02web.zoom.us/meeting/register/tZElcumrqTItHNL3kSYkP2aUkhJpnd866VXK
Organized by:
Fondazione CMCC – Centro Euro-Mediterraneo sui Cambiamenti Climatici