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.


Issue Date:
1999
Publication Type:
Conference Paper/ Presentation
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/21527
PURL Identifier:
http://purl.umn.edu/21527
Total Pages:
16
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2020-10-28

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