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Identifier to cite or link to this item: https://hdl.handle.net/10086/13986

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Title
Career Crisis? The Impacts of Financial Shock on Entry-Level Labour Market: Experimental Evidences from Thailand in 1997
Creator
Creator Name
Machikita, Tomohiro Machikita, Tomohiro
町北, 朋洋 町北, 朋洋
マチキタ, トモヒロ マチキタ, トモヒロ
Affiliation
Affiliation Name
Hitotsubashi University
Editor
Contributor Name
社会科学における統計分析拠点構築 = Research Unit for Statistical Analysis in Social Sciences
Key Word
Crisis
Entry-Level Labour market
Treatment Effects
JEL
C21
D83
J63
J64
R23
Abstract
Identifying the conditions of entry-level labour market on employment and wages is difficult because there is non-separability of match qualities from firm specific demand shock at the period of transition from school to work. We utilize Thailand's financial crisis in 1997 as a natural experiment which exogenously shifts labour demand temporally. This model provides three testable hypotheses: (1) entry-level labour market tightens after crisis; (2) disadvantage of newly entrants at the period after crisis decreases overtime; (3) senior or highly educated worker's job and wages are secured. Convincing evidences from Thailand Labor Force Survey support our empirical predictions.
Publisher
Institute of Economic Research, Hitotsubashi University
Issued Date
2005-02
Language
English(eng)
Resource Type
technical report
Version Type
VoR
Is Part OfRelation -
Related Title
Hi-Stat Discussion paper series ; No. d04-79
Relation
Related Identifier
URI
  http://21coe.ier.hit-u.ac.jp/english/index.html
Number of Pages
53
Sponsorship
21世紀COEプログラム = 21st-Century COE Program
Appears in Collections
Hi-Stat Discussion paper series
URL
https://hdl.handle.net/10086/13986