The impact of the global financial crisis on off-farm employment and earnings in rural China
This paper examines the effect of the financial crisis on off-farm employment of China's rural labor force. Using a national representative data set collected from across China, the paper finds that there was a substantial impact. By April 2009 the reduction in off-farm employment as a result of the crises was 6.8 percent of the rural labor force. Monthly earnings also declined. However, while it is estimated that 49 million were laid-off between October 2008 and April 2009, half of them were re-hired in off-farm work by April 2009. By August 2009, less than 2 percent of the rural labor force was unemployed due to the crisis. The robust recovery appears to have helped avoid instability.
|Date of creation:||01 Oct 2010|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: (202) 477-1234
Web page: http://www.worldbank.org/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Peter R. Fallon & Robert E. B. Lucas, 2002.
"The Impact of Financial Crises on Labor Markets, Household Incomes, and Poverty: A Review of Evidence,"
World Bank Research Observer,
World Bank Group, vol. 17(1), pages 21-45.
- Peter R. Fallon & Robert E. B. Lucas, 2000. "The Impact of Financial Crises on Labor Markets, Household Incomes and Poverty: A Review of Evidence," Boston University - Institute for Economic Development 103, Boston University, Institute for Economic Development.
- Elizabeth Frankenberg & James P. Smith & Duncan Thomas, 2003.
"Economic Shocks, Wealth, and Welfare,"
Journal of Human Resources,
University of Wisconsin Press, vol. 38(2).
- Alan de Brauw & John Giles, 2005.
"Migrant Opportunity and the Educational Attainment of Youth in Rural China,"
Department of Economics Working Papers
2005-05, Department of Economics, Williams College.
- de Brauw, Alan & Giles, John, 2008. "Migrant opportunity and the educational attainment of youth in rural China," Policy Research Working Paper Series 4526, The World Bank.
- de Brauw, Alan & Giles, John T., 2006. "Migrant Opportunity and the Educational Attainment of Youth in Rural China," IZA Discussion Papers 2326, Institute for the Study of Labor (IZA).
- de Brauw, Alan & Giles, John T., 2012.
"Migrant Labor Markets and the Welfare of Rural Households in the Developing World: Evidence from China,"
IZA Discussion Papers
6765, Institute for the Study of Labor (IZA).
- de Brauw, Alan & Giles, John, 2008. "Migrant Labor Markets and the Welfare of Rural Households in the Developing World: Evidence from China," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6085, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- de Brauw, Alan & Giles, John, 2008. "Migrant labor markets and the welfare of rural households in the developing world : evidence from China," Policy Research Working Paper Series 4585, The World Bank.
- Richard B. Freeman, 1995. "Are Your Wages Set in Beijing?," Journal of Economic Perspectives, American Economic Association, vol. 9(3), pages 15-32, Summer.
When requesting a correction, please mention this item's handle: RePEc:wbk:wbrwps:5439. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Roula I. Yazigi)
If references are entirely missing, you can add them using this form.