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Efficiency Wage and the Family: An Explanation for the Impact of the Agricultural Minimum Wage in Morocco

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Author Info
Azam, Jean-Paul
Abstract

This paper shows two points: (1) there is a statistically significant positive relationship between the real value of the agricultural minimum wage and the level of agricultural output in Morocco, for eight important crops; and (2) the latter may be explained using a theoretical model where the productivity of the laborers depends on their consumption level and where wage incomes are shared among family members to fund consumption. The Nash equilibrium is then inefficient. Copyright 1997 by WWZ and Helbing & Lichtenhahn Verlag AG

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Publisher Info
Article provided by Blackwell Publishing in its journal Kyklos.

Volume (Year): 50 (1997)
Issue (Month): 3 ()
Pages: 369-82
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Handle: RePEc:bla:kyklos:v:50:y:1997:i:3:p:369-82

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  1. Azam, Jean-Paul & Ris, Catherine, 2001. "Rent-sharing, hold-up, and manufacturing wages in Cote d'Ivoire," Policy Research Working Paper Series 2600, The World Bank. [Downloadable!]
  2. Carlos Arango & Angélica Pachón, 2004. "Minimum Wages in Colombia: Holding the Middle with a Bite," BORRADORES DE ECONOMIA 003224, BANCO DE LA REPÚBLICA. [Downloadable!]
  3. Carlos A.Arango & Angélica Pachón, . "Minimum Wages in Colombia: Holding the Middle With a Bite on the Poor," Borradores de Economia 280, Banco de la Republica de Colombia. [Downloadable!]
  4. Luis Eduardo Arango & Luz Adriana Flórez & Angélica María Arosemena, 2003. "El tramo corto de la estructura a plazo como predictor de expectativas de la actividad económica en Colombia," BORRADORES DE ECONOMIA 002559, BANCO DE LA REPÚBLICA. [Downloadable!]
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