The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Indentured Servitude

  • Farley Grubb
Reference work entry
DOI: https://doi.org/10.1057/978-1-349-95189-5_2600

Abstract

Indentured servants were workers – mostly unmarried young adult males – who voluntarily entered alienable forward-labour contracts typically lasting between three and five years in exchange for passage to an overseas destination.

Keywords

Auctions Colonialism Incomplete contracts Indentured servitude International migration Labour contracts Redemption Slavery 

JEL Classifications

N30 N31 
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Bibliography

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Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Farley Grubb
    • 1
  1. 1.