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Modeling Farm Households' Price Responses in the Presence of Transaction Costs and Heterogeneity in Labor Markets
Henning, Christian H.C.A; Henningsen, Arne - 2010
We develop a farm household model to analyze price responses of farm households. This model incorporates various types … imply that production and consumption decisions become nonseparable, even when the household buys or sells labor. An … empirical model is estimated using data from Midwest Poland. The results show that nonproportional variable transaction costs …
Persistent link: https://www.econbiz.de/10014225352
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The effects of transaction costs on labor market participation and earnings : evidence from rural Philippine markets
Lanzona, Leonardo A.; Evenson, Robert E. - 1997
The paper aims to measure transaction costs and its effects on labor market participation and on wage earnings. The observed differences between between buying and selling prices of rice across households are used to calculate transaction costs indices for villages which are incorporated into...
Persistent link: https://www.econbiz.de/10011612077
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Game theoretic analysis of incomplete markets : emergence of probabilities, nonlinear and fractional Black-Scholes equations
Kolokolʹcov, Vassilij N. - In: Risk and decision analysis 4 (2013) 3, pp. 131-161
Persistent link: https://www.econbiz.de/10010190161
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Personal networks and nonagricultural employment : the case of a farming village in the Philippines
Kajisa, Kei - In: Economic development and cultural change 55 (2007) 4, pp. 669-707
Persistent link: https://www.econbiz.de/10003496158
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Rural labour markets, transaction cost and fertility
Evenson, Robert E.; Paderanga, Cayetano - 1986
Persistent link: https://www.econbiz.de/10003529986
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The effects of transaction costs on labor market participation and earnings : evidence from rural Philippine markets
Lanzona, Leonardo A. - 1997
Persistent link: https://www.econbiz.de/10000990783
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Agricultural price policy, employment, and migration in a diversified rural economy : a village-town CGE analysis from Mexico
Taylor, J. Edward; Yúnez-Naude, Antonio; Dyer, George A. - In: American journal of agricultural economics 81 (1999) 3, pp. 653-662
Persistent link: https://www.econbiz.de/10001400292
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The Effects of Transaction Costs on Labor Market Participation and Earnings : Evidence from Rural Philippine Markets
Lanzona, Leonardo; Evenson, Robert E. - 2003
The paper aims to measure transaction costs and its effects on labor market participation and on wage earnings. The observed differences between buying and selling prices of rice across households are used to calculate transaction costs indices for villages which are incorporated into the...
Persistent link: https://www.econbiz.de/10014218612
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Transaction costs, nonfundamental uncertainty, and the exchange rate disconnect
Li, Nan - In: Macroeconomic dynamics 18 (2014) 8, pp. 1751-1772
Persistent link: https://www.econbiz.de/10010467892
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Hedging options including transaction costs in incomplete markets
Safarian, Mher M. - 2014
In this paper we study a hedging problem for European options taking into account the presence of transaction costs. In incomplete markets, i.e. markets without classical restriction, there exists a unique martingale measure. Our approach is based on the Föllmer-Schweizer-Sondermann concept of...
Persistent link: https://www.econbiz.de/10010344251