Agricultural Household Model With Wage Uncertainty: An Application To Subsidiary Post-Soviet Agriculture
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.
|Date of creation:||1999|
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- 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.
- G.Shmelev, 1996. "Individual Forms of Agrarian Production," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 7.
- 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.
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