The authors use data from an agricultural labor market, in which workers receive both time- and piece-rate wages and shift frequently among employers and tasks, to assess the roles of comparative advantage, information problems, and preferences in determining the allocation of workers. The...

Household-level panel data from a nationally representative sample of rural Indian households describing the adoption and profitability of high-yielding seed varieties (HYVs) associated with the Green Revolution are used to test the implications of a model incorporating learning by doing and...

Moral hazard plays a central role in many models depicting contractual relationships involving worker effort. The authors show how time-series information on worker health, consumption, and work time can be used to measure the effort effects of payment schemes. Estimates from longitudinal data...

In this paper, it is argued that fluctuations in child growth in rural areas of Bangladesh during and after severe floods in 1988 can provide insight into the structure of credit markets. A model of intertemporal resource allocation is developed and Euler equations relating growth patterns of...

A methodology is developed for examining savings behavior in rural areas of developing countries that explicitly incorporates the sequential decision process in agriculture. The approach is used to examine the relative importance of alternative forms of savings in the presence and absence of...