Browsing by Author "Zhi, Huayong"

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    Working Paper
    The Impact of the Global Financial Crisis on Off-Farm Employment and Earnings in Rural China
    (2010) Huang, Jikun; Zhi, Huayong; Huang, Zhurong; Rozelle, Scott; Giles, John
    "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."