and marketed a rainfall index insurance product across three states in India. Marketing agricultural insurance to both … find that both labor demand and equilibrium wages become more rainfall sensitive when cultivators are offered rainfall … contract offered to agricultural laborers smoothes wages across rainfall states by inducing changes in labor supply. Policy …

We look at the effects of rainfall forecasts and realized rainfall on equilibrium agricultural wages over the course of … the agricultural production cycle. We show theoretically that a forecast of good weather can lower wages in the planting … stage, by lowering ex ante out-migration, and can exacerbate the negative impact of adverse weather on harvest-stage wages …

that exclusion did not affect U.S. agricultural wages or employment. Important mechanisms include adoption of less labor …

, migration and rural wages respond to forecasts. We calculate that if such skill were pervasive across India, the total value of …The livelihoods of the majority of the world's poor depend on agriculture. They face substantial risk from fluctuations …

rainfall shocks, in 600 Indian districts from 1956-2009. Nominal wages rise in response to positive shocks but do not fall … during droughts. In addition, transitory positive shocks generate ratcheting: after they have dissipated, nominal wages do …

How important is the exercise of classical monopsony power against labor for the level of wages and labor's share? We … examine this in the context of China and India – two large, rapidly-growing developing economies. Using theory, we develop a … novel screen to quantify how wages are affected by market power exerted in labor markets, either by a single firm or a group …

two districts of Uttar Pradesh, India. The net profit generated ignoring labour costs, gives rise to a small positive rate …