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financial surplus of agriculture and decompose the mechanisms of surplus extraction. History and theory have, however, stressed …The financial surplus of agriculture has been central to theories of the role of agriculture in economic development …. We extend the MT approach by defining and measuring the real surplus of agriculture and decomposing the mechanisms of …
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This paper assembles elements that are essential in forming an integral picture of the way a churning' economy functions and of the disruptions caused by transactional difficulties in labor and financial markets. We couch our analysis in a stochastic equilibrium model anchored with US evidence...
Persistent link: https://www.econbiz.de/10012472095
This paper assembles elements that are essential in forming an integral picture of the way a "churning" economy functions and of the disruptions caused by transactional difficulties in labor and financial markets. We couch our analysis in a stochastic equilibrium model anchored with U.S....
Persistent link: https://www.econbiz.de/10014209407
This paper assembles elements that are essential in forming an integral picture of the way a churning' economy functions and of the disruptions caused by transactional difficulties in labor and financial markets. We couch our analysis in a stochastic equilibrium model anchored with US evidence...
Persistent link: https://www.econbiz.de/10013228977