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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 …
Persistent link: https://www.econbiz.de/10012458852
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 …
Persistent link: https://www.econbiz.de/10012458855
that exclusion did not affect U.S. agricultural wages or employment. Important mechanisms include adoption of less labor …
Persistent link: https://www.econbiz.de/10012455556
In the American South, post-bellum economic stagnation has been partially attributed to white landowners' access to low-wage black labor; indeed, Southern economic convergence from 1940 to 1970 was associated with substantial black out-migration. This paper examines the impact of the Great...
Persistent link: https://www.econbiz.de/10012460365
, 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 …
Persistent link: https://www.econbiz.de/10012479843
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 …
Persistent link: https://www.econbiz.de/10012457896
Between 1880 and 1920, the US agricultural employment share fell from 50% to 25%. However, despite aggregate demand shifting away from their sector of specialization, rural labor markets saw faster wage growth and industrialization than non-agricultural parts of the US. We propose a spatial...
Persistent link: https://www.econbiz.de/10013388845
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 …
Persistent link: https://www.econbiz.de/10012479611
This paper uses new data to study school management and productivity in India. We report four main results. First …
Persistent link: https://www.econbiz.de/10012482554
workers in India. We randomize the timing of income receipt, so that on a given day some workers have more cash-on-hand than … others. This manipulation holds constant wages and piece rates, as well as human and physical capital. On cash-rich days …
Persistent link: https://www.econbiz.de/10012482556