Local Economic Conditions and Wage Labor Decisions of Farm and Rural Nonfarm Couples
利用1978-82年美国当前人口调查数据，分析地方经济条件差异如何影响农村夫妇的工资劳动需求与参与决策，发现工资溢价与劳动力需求增长、失业率、服务业占比及生活成本正相关，且对男性影响更强。
Abstract Effects of geographical differences in local economic conditions on wage labor demand and wage labor participation decisions of rural couples are examined for Current Population Survey households 1978–82. Wage premiums are shown to exist for localities anticipating labor demand growth, higher unemployment rates, larger share of employment in services, and higher costs of living. These effects are stronger for males than females. Effects of local economic conditions on the probability of wage work are consistent with expected market wage and reservation wage effects, and for farm households the probability of wage work increases when expected farm output prices decline or the wage increases.