Z Lyu, L Yu, C Liu, T Ma - Energy Economics, 2024 - Elsevier
While prior literature has demonstrated the negative effects of extreme heat on labor productivity, empirical evidence remains limited on its implications for labor share. This study …
R Xiao - Firm Labor Adaptation Strategies, and Firm …, 2021 - papers.ssrn.com
This paper studies how physical climate risk affects corporations through the labor channel. By quantifying occupational climate exposure, I document that climate-exposed jobs have …
R Xiao - Available at SSRN 4158049, 2022 - papers.ssrn.com
This paper studies whether and how firms adapt to climate-induced labor risks through automation investments. Using textual analysis, I construct a measure of automation …
D Pu - Available at SSRN 4554629, 2023 - papers.ssrn.com
This paper studies the asset pricing implications of local thermal discomfort surprises (“LTDS”), characterized by anomalous heat and cold. A long-short portfolio constructed from …
I investigate the extent to which establishments shift labor skill demand toward automation when faced with labor scarcity. Using natural disasters as an exogenous shock to local labor …