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Projecting the effect of climate change-induced increases in extreme rainfall on residential property damages: A case study from New Zealand

Author

Listed:
  • Dean Hyslop

    (Motu Economic and Public Policy Research)

  • Trinh Le

    (Motu Economic and Public Policy Research)

  • Lynn Riggs

    (Motu Economic and Public Policy Research)

Abstract

In this paper we analyse the impact of adult education and training on labour market outcomes. Using the New Zealand Household Labour Force Survey linked to administrative education and earnings data, we estimate that on average, studying for a tertiary qualification increases the likelihood of employment in the post-study period by 1-3 percentage points and raises annual earnings by about 5% for men and 12% for women. In general, women who study for a tertiary qualification realise positive and significant gains but the same is not necessarily true for men. For example, completing a qualification has a strong effect on earnings for women but not for men. In addition, compared to not studying, studying for a level 4-6 certificate yields significant returns for women but not for men, while studying for a degree-level qualification produces strong returns for both men and women.

Suggested Citation

  • Dean Hyslop & Trinh Le & Lynn Riggs, 2020. "Projecting the effect of climate change-induced increases in extreme rainfall on residential property damages: A case study from New Zealand," Working Papers 20_03, Motu Economic and Public Policy Research.
    • Handle: RePEc:mtu:wpaper:20_03
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    File URL: https://motu-www.motu.org.nz/wpapers/20_03.pdf
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    More about this item

    Keywords

    Adult education; Training; Employment; Earnings;
    All these keywords.

    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • I26 - Health, Education, and Welfare - - Education - - - Returns to Education
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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