Does Child Labor Decrease When Parental Incomes Rise?

In the presence of two-sided altruism, i.e., when parents and children care about each other’s utility, increases in parental income need not always lead to increases in schooling and to decreases in child labor. This surprising result derives from the systematic way capital market constraints bind as parental income rises: child labor increases as soon as parental income rises by enough to eliminate transfers from children to parents.

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Year of publication:	2003-06-25
Authors:	Rogers, Carol Ann ; Swinnerton, Kenneth A.
Institutions:	EconWPA
Subject:	child labor \| intergenerational transfers \| altruism

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Extent:	application/pdf
Series:	Development and Comp Systems.
Type of publication:	Book / Working Paper
Notes:	Type of Document - ; pages: 23; figures: included 23 pages
Classification:	J13 - Fertility; Family Planning; Child Care; Children; Youth ; D13 - Household Production and Intrahouse Allocation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005556081