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This paper develops a model with overlapping generations, where the household's optimal fertility, child labour, and education decisions depend on the parents expectations or beliefs about the return to education. It is shown that there exists a range of parental income where the fertility rate...
Persistent link: https://www.econbiz.de/10011010094
This paper explores the question: is working as a child harmful to an individual in terms of adult outcomes in earnings? Although this is an extremely important question, little is known about the effect of child labor on adult outcomes. Estimations of an instrumental variables earnings model on...
Persistent link: https://www.econbiz.de/10009323889