Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/284207 
Year of Publication: 
2022
Series/Report no.: 
IFS Working Papers No. 22/37
Publisher: 
Institute for Fiscal Studies (IFS), London
Abstract: 
The reduction of carbon emissions will require a rapid phasing out of coal and the displacement of millions of coal miners. How much could this energy transition cost mining workers? We use the dramatic collapse of the UK coal industry to estimate the long-term impact on displaced miners. We find evidence of substantial losses: wages fall by 40% and earnings fall by 80% to 90% one year after job loss. The losses are persistent and remain significantly depressed fifteen years later, amounting to present discounted value earnings losses of between four and six times the miners pre-displacement earnings.
Subjects: 
Old industrial region
coal mining
miners
dismissal
loss of earnings
Great Britain
JEL: 
J30
J63
J64
O4
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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