Testing for Disequilibrium in the Hired Farm Labor Market
检验1986年移民改革与控制法案的制裁是否导致农场劳动力市场失衡,结果未发现市场长期失衡或无法调整至均衡的证据。
Abstract Producers of labor‐intensive crops fear labor shortages if sanctions under the Immigration Reform and Control Act (IRCA) of 1986 are strictly enforced. They argue that special government programs are necessary to insure an adequate labor supply. On the other hand, farm labor advocates argue that such policies create an oversupply of workers and depress wages. A model of the farm labor market was tested for disequilibrium using cusum and cusum squares criteria. Results give no evidence that the hired farm labor market is chronically out of balance or unable to make equilibrium adjustments.