Employment And The Financial Crisis: Evidence From Tajikistan

The financial crisis in 2008/2009 had a presumably substantial influence on the everyday social and economic life of many Tajik people, including their behavior in the labor market. In the paper, the authors aim to study the impact of the economic crisis on individual labor market decisions. This is the first study investigating the impact of the financial crisis in a transition country using a unique panel data set from Tajikistan. They find that the global financial crisis had a strong impact on employment and migration patterns in Tajikistan.