The Micro-Economics of "Surplus Labor"
| dc.creator | Ranis, Gustav | |
| dc.date | 2017-04-01T20:01:31Z | |
| dc.date.accessioned | 2026-07-09T04:01:30Z | |
| dc.description | This paper examines the apparent conflict between the classical assumption of a bargaining the context of a labor surplus developing economy. It concludes that the relatively inelastic supply of labor hours offered by low income small or landless farmers in the static microeconomic leisure/work context is perfectly consistent with the persistence for some time of an institutional real wage offered to the non-agricultural sector of the dual economy. Empirical evidence is brought to bear in support of that position. | |
| dc.identifier | doi:10.22004/ag.econ.28499 | |
| dc.identifier | https://ageconsearch.umn.edu/record/28499/files/dp970772.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/28499 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/543673 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/28499 | |
| dc.title | The Micro-Economics of "Surplus Labor" | |
| dc.type | Text |