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The complete-markets hypothesis can be tested by examining whether the quantity of labor demanded by the farm is influenced by the farm's household composition. There should be no influence if labor markets clear. This assumes, however, that household composition is fixed. This paper suggests...
Persistent link: https://www.econbiz.de/10005177809
Return migrants exhibit a high tendency for self-employment over waged employment. Using cross-sectional data from Pakistan, the paper explores the determinants of this choice. Retirement from the domestic labor market is not a reason for opting for self-employment. The preference for non-farm...
Persistent link: https://www.econbiz.de/10005261208