Labour Markets and the Financial Crisis: Evidence from Tajikistan
Many Tajik are confronted with the financial crisis that influences their decision making in everyday life, including their behavior in the labor market. In our paper, we aim to study the impact of the financial crisis 2008/2009 on individual labor market decisions in Tajikistan by enlarging usual determinants with a set of macroeconomic variables. This is the first study investigating the impact of the financial crisis in developing countries using fixed effects estimation. Using two waves of a unique panel data set, we find that the global financial crisis heavily impacts employment patterns in Tajikistan. Our results show that regular wage employment decreases significantly during times of economic turmoil. We also examine gender differences of the impact on employment structures and find that men and women are affected through different channels: as wage employed women mostly work in unprotected and not guaranteed jobs, they were more likely than men to change their employment status during the crisis.
Year of publication: |
2011-09
|
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Authors: | Kroeger, Antje ; Meier, Kristina |
Institutions: | European Regional Science Association |
Saved in:
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