How Did the Great Recession Affect Different Types of Workers? Evidence from 17 Middle-Income Countries
AbstractThis paper examines how different types of workers in middle-income countries fared during the immediate aftermath of the great recession. Youth suffered extraordinary increases in unemployment and declines in wage employment. Employment to population ratios also plummeted for men, primarily due to their higher initial employment rates. Percentage employment declines within sector were gender-neutral, and there is little indication of strong added worker effects. Traditionally disadvantaged groups such as less educated and female workers were not necessarily most affected during the crisis, underscoring the importance of implementing targeted mitigation measures that focus on displaced youth and wage employees.
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Bibliographic InfoArticle provided by Elsevier in its journal World Development.
Volume (Year): 41 (2013)
Issue (Month): C ()
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Web page: http://www.elsevier.com/locate/worlddev
labor market; great recession; types of workers; middle-income countries;
Other versions of this item:
- Cho, Yoonyoung & Newhouse, David, 2011. "How did the great recession affect different types of workers ? evidence from 17 middle-income countries," Policy Research Working Paper Series 5636, The World Bank.
- Cho, Yoon Y. & Newhouse, David, 2011. "How Did the Great Recession Affect Different Types of Workers? Evidence from 17 Middle-Income Countries," IZA Discussion Papers 5681, Institute for the Study of Labor (IZA).
- E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
- O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
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