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).
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Daily Overview |
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Impacts and Damages of Natural Disasters Location: B011 Session Chair: Sarah Meier, ETH Zurich | |
| Presentation 3 | |
Labor Market Impacts of Flooding in the United States 1: Colorado State University; 2: University of Tennessee, United States of America Using quarterly, county-level employment and wage data spanning 1996–2023, this study investigates the labor market consequences of floods- historically among the most lethal and expensive natural disasters in the United States. We distinguish between flash floods and floods with gradual, slower onset patterns (non-flash floods), and explore how the impacts vary across temporal windows (sub-annual versus annual), location (inland versus coastal counties), sectors, and existing labor market conditions. Our results show that an additional day of flash floods in a quarter reduces county-level employment and wages by 0.13% and 0.15% respectively. We find that total wages decreased by $6.2 billion per year (in 2023 USD) between 1996 and 2023 as a result of flash and non-flash floods. Heterogeneous effects reveal that economically vulnerable counties experience larger negative impacts from both flood types and that both coastal and inland counties face negative economic disruptions. Our findings underscore that sub-annual impacts are crucial for understanding flood impacts and designing policies that build resilience to shocks. | |

