Transmission of Labor Market Shocks across Regions: Evidence from the May 3, 1999 Oklahome City Tornado


Abstract eng:
This study examined the economic impact of the May 3, 1999 Oklahoma tornado outbreak on the labor markets of Oklahoma City (OK), Wichita (KS), and Kansas City (MO). In particular, this article examines the transmission of shocks to employment growth across these different labor markets. Using monthly employment data from January 1990 to December 2004, we provide empirical evidence on the cross-market relationships that existed before and after the Oklahoma City tornado. The results suggest that the impact of the wind event may have altered labor market dynamics in Oklahoma City, as well as Wichita and Kansas City.

Contributors:
Publisher:
American Association for Wind Engineering, 2005
Conference Title:
Conference Title:
Tenth Americas Conference on Wind Engineering
Conference Venue:
Baton Rouge, Louisiana (US)
Conference Dates:
2005-05-31 / 2005-06-04
Rights:
Text je chráněný podle autorského zákona č. 121/2000 Sb.



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 Record created 2014-11-18, last modified 2014-11-18


Original version of the author's contribution as presented on CD, , paper No. 008.:
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