Changes in the rural labour market, especially the increase of rural non-farm employment are recognised as one dimension of structural change. Labour allocation decisions are driven by economic incentives such as wage differentials, but also non-economic motives may play a decisive role. This...

Irving Fisher's theory on time preference in the 1930s arguably influenced the analysis of agents' current behavior with respect to future outcomes. By suggesting linear discount rates implying rational and self-interested motives of agents, Fisher substantiated neoclassical economic thinking....

One of the most important issues in rural development is empowerment and entitlement of farmers through participation. Decentralisation and participation are seemingly interdependent. Therefore, the paper begins with a theoretical discussion on the cause and effects of this interdependence....

Increasing occurrence of devastating natural shocks has stimulated research interest in the economics of natural disasters. Much of this scholarly work concentrates on effects of shocks on poverty, risk and vulnerability, and very little on understanding the effects of natural shocks on risk...

We investigate how the perception for wide-spread bribing culture affects rural non-farm startup plans in transition. The study contributes to the literature on rural entrepreneurship and the role of institutional factors as drivers of entrepreneurial decisions. Using primary farm household data...

We take a qualitative snapshot of rural entrepreneurs in Bulgaria aiming to shed light opportunities and barriers they face in post communist rural communities. Utilising ethnographical methodology, we capture the complex interplay with the institutional environment. Rural entrepreneurship may...