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Employment trade-offs in climate policy: Evidence from China carbon market
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DOI：10.1016/j.econmod.2026.107734.png)
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Abstract
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• A CNY 10M rise in monthly carbon trading reduces recruiting firms by 39.4 in China. • Low-educated workers are most affected by carbon market-linked recruitment declines. • A higher share of green firms crowds out polluters in the recruitment market. • Green innovation capability helps firms mitigate negative recruitment impacts.
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