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Wages, employment and economic shocks: Evidence from Indonesia
Authors:James P. Smith  Duncan Thomas  Elizabeth Frankenberg  Kathleen Beegle  Graciela Teruel
Affiliation:(1) RAND Cooperation, 1700 Main Street, Santa Monica, CA 90407, USA (Fax: +1-310-451-6935; e-mail: smith@rand.org), US;(2) RAND and University of California, Los Angeles, Box 951477, Los Angeles, CA 90095, USA, US;(3) Universidad Iberoamericana, Departamento de Economia, 880, Lomas de Santa Fe, 01210 Mexico D.F., Mexico, MX
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. Received: 31 December 1999/Accepted: 3 August 2000
Keywords:JEL classification: J2   J3   O1
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