Labor supply, income, and welfare of the farm household

Labor supply, income, and welfare of the farm household

Article history: Received 14 January 2011 Received in revised form 9 March 2012 Accepted 11 March 2012 Available online 28 March 2012 JEL classification: D1 J2 Q1

Farm Income Variability and the Supply of Off-Farm Labor

If farmers are risk averse, greater farm income variability should increase off-farm labor supply. This effect is confirmed for a sample of Kansas farmers. Off-farm employment of farmers and their spouses is also found to be significantly influenced by farm experience, off-farm work experience, farm size, leverage, efficiency, and farm-specific education. In addition, farm operators and spouses...

Collective Household Labor Supply : Non-participation and Income Taxation

In the present paper, we adopt the usual assumptions of the collective approach, i.e., individualism and efficiency, to study household labor supply. The theoretical innovation is twofold. Firstly, we incorporate in the initial setting the decision to participate to the labor market. Secondly, we abandon the assumption of linearity of the budget constraint. We show that (i) structural elements ...

Farm Income Variability and the Supply of Off-Farm Labor by Limited-Resource Farmers

Labor Supply and Income Effects of the Earned Income Tax Credit and Welfare Programs

This paper examines the effect of the Earned Income Tax Credit (EITC) and welfare programs on the labor supply and income of single mothers. We characterize the nonlinear budget constraint under these programs using a piecewise linear approximation and estimate nonparametrically a structural labor supply function. Employing a flexible functional form, we show that the EITC effect on hours of wo...