Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
Please note that all times are shown in the time zone of the conference. The current conference time is: 24th Aug 2026, 01:49:29am WEST
External resources will be made available 30 min before a session starts. You may have to reload the page to access the resources.
|
Daily Overview |
| Session | |
|
Climate Policy 4 Location: B127 Session Chair: David Comerford, University of Strathclyde | |
    | |
Carbon Tax and Labor Reallocation: The Role of Firm Heterogeneity and Energy Efficiency 1: Paris School of Economics, France; 2: University of Zurich This paper examines how firm-level heterogeneity in energy efficiency shapes labor reallocation in response to carbon taxation. Using French administrative data, we document a strong positive correlation between value-added per unit of labor and per unit of energy, with more energy-efficient firms exhibiting higher hiring rates. To analyze the impact of an increase in carbon taxation, we develop a structural search and matching model incorporating firm differences in productivity, energy intensity, and energy mix. We find that a carbon tax operates as a firm-specific productivity shock, generating heterogeneous employment responses and inducing substantial worker reallocation across firms. While labor market frictions give rise to short-run employment and wage adjustments, the resulting reallocation toward more energy-efficient and lower-emission firms amplifies the environmental impact of the policy. | |