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Wages, employment and economic shocks: Evidence from Indonesia

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Author Info

  • Duncan Thomas

    (RAND and University of California, Los Angeles, Box 951477, Los Angeles, CA 90095, USA)

  • James P. Smith

    ()
    (RAND Cooperation, 1700 Main Street, Santa Monica, CA 90407, USA)

  • Kathleen Beegle

    ()
    (RAND Cooperation, 1700 Main Street, Santa Monica, CA 90407, USA)

  • Graciela Teruel

    (Universidad Iberoamericana, Departamento de Economia, 880, Lomas de Santa Fe, 01210 Mexico D.F., Mexico)

  • Elizabeth Frankenberg

    ()
    (RAND Cooperation, 1700 Main Street, Santa Monica, CA 90407, USA)

Abstract

After over a quarter century of sustained economic growth, Indonesia was struck by a large and unanticipated crisis at the end of the 20th Century. Real GDP declined by about 12% in 1998. Using 13 years of annual labor force data in conjunction with two waves of a household panel, the Indonesia Family Life Survey (IFLS), this paper examines the impact of the crisis on labor market outcomes.

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Bibliographic Info

Article provided by Springer in its journal Journal of Population Economics.

Volume (Year): 15 (2002)
Issue (Month): 1 ()
Pages: 161-193

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Handle: RePEc:spr:jopoec:v:15:y:2002:i:1:p:161-193

Note: Received: 31 December 1999/Accepted: 3 August 2000
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Related research

Keywords: Labor markets; economic crisis; Indonesia;

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References

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  1. Elizabeth Frankenberg & James P. Smith & Duncan Thomas, 2004. "Economic Shocks, Wealth and Welfare," Labor and Demography 0403030, EconWPA.
  2. James Levinsohn & Steven Berry & Jed Friedman, 1999. "Impacts of the Indonesian Economic Crisis: Price Changes and the Poor," NBER Working Papers 7194, National Bureau of Economic Research, Inc.
  3. Steven Radelet & Jeffrey Sachs, 1998. "The Onset of the East Asian Financial Crisis," NBER Working Papers 6680, National Bureau of Economic Research, Inc.
  4. Benjamin, Dwayne, 1992. "Household Composition, Labor Markets, and Labor Demand: Testing for Separation in Agricultural Household Models," Econometrica, Econometric Society, vol. 60(2), pages 287-322, March.
  5. Giancarlo Corsetti & Paolo Pesenti & Nouriel Roubini, 1998. "What Caused the Asian Currency and Financial Crisis? Part I: A Macroeconomic Overview," NBER Working Papers 6833, National Bureau of Economic Research, Inc.
  6. Giancarlo Corsetti & Paolo Pesenti & Nouriel Roubini, 1998. "What Caused the Asian Currency and Financial Crisis? Part II: The Policy Debate," NBER Working Papers 6834, National Bureau of Economic Research, Inc.
  7. repec:fth:michin:446 is not listed on IDEAS
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