AGRICULTURAL HOUSEHOLD MODEL WITH WAGE UNCERTAINTY: AN APPLICATION TO SUBSIDIARY POST-SOVIET AGRICULTURE

Lyubov Kurkalova () and Helen Jensen

No 21527, 1999 Annual meeting, August 8-11, Nashville, TN from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: 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.

Keywords: Consumer/Household Economics; Labor and Human Capital (search for similar items in EconPapers)
Pages: 16
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea99:21527

DOI: 10.22004/ag.econ.21527

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