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Agricultural Household Model With Wage Uncertainty: An Application To Subsidiary Post-Soviet Agriculture


  • Kurkalova, Lyubov A.
  • Jensen, Helen H.


The labor supply decision under wage uncertainty is studied in the context of an agricultural household model. The recent sharp growth of post-Soviet subsidiary subsistence agriculture is consistent with the model predictions of an increase in farm labor supply in response to the fall and uncertainty in real wage.

Suggested Citation

  • Kurkalova, Lyubov A. & Jensen, Helen H., 1999. "Agricultural Household Model With Wage Uncertainty: An Application To Subsidiary Post-Soviet Agriculture," 1999 Annual meeting, August 8-11, Nashville, TN 21527, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea99:21527

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    References listed on IDEAS

    1. G.Shmelev, 1996. "Individual Forms of Agrarian Production," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 7.
    2. Ashok K. Mishra & Barry K. Goodwin, 1997. "Farm Income Variability and the Supply of Off-Farm Labor," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(3), pages 880-887.
    3. Norman J. Ireland & Peter J. Law, 1980. "Private Plot Restrictions in a Collective Farm Model," Canadian Journal of Economics, Canadian Economics Association, vol. 13(3), pages 475-485, August.
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