HOUSEHOLD BEHAVIOR WITH IMPERFECT LABOR MARKETS

A household model with differential asset endowments and idiosyncratic transactions costs in accessing labor markets is developed to (1) explain membership of farm households to alternative labor regimes (sellers, employers, or self-sufficient in labor), (2) test for recursivity between production and consumption decisions selectively by labor regime, and (3) identify the determinants of differential labor productivity across labor regimes. The model is applied to a 1994 household survey of the Mexican land reform sector. (Forthcoming in the Journal of Industrial Relations)


Issue Date:
1996
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/25044
Total Pages:
24
Series Statement:
Working Paper 786 - Revised 1996




 Record created 2017-04-01, last modified 2017-08-24

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