Relative Growth of Subsidiary Farming in Post-Soviet Economies: A Labor Supply Story

Date
2000-09-01
Authors
Kurkalova, Lyubov
Jensen, Helen
Journal Title
Journal ISSN
Volume Title
Publisher
Altmetrics
Authors
Research Projects
Organizational Units
Journal Issue
Series
Abstract

An agricultural household model (AHM) is applied to analyze the changes in labor supply of post-Soviet households. Extensions of the model are presented in which wage and pension arrears are modeled as income uncertainty. Considering two models, one for wage earning households and another for pensioners, we find that wage and pension uncertainties increase subsidiary farming hours and so does a mean-preserving spread in the distribution of pensions. A decline in the probability of receiving wages not only increases subsidiary farming hours but also reduces wage work hours.

Description
Keywords
income uncertainty, wage arrears, agricultural household model, labor supply, economies in transition, subsidiary farming
Citation
DOI
Source
Collections