Labour market transitions in a greener economy
Business
The transition to a greener economy will entail reallocating workers from high-polluting to ‘green’ jobs. To minimise the costs of this transition to individuals and communities, policies will need to support re-employment of dismissed workers while managing the scarring effects of job losses in polluting industries. This column investigates the role of structural and policy factors in shaping labour market transitions, uncovering heterogeneity across workforces. Education is the most important
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