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The trade-off between child quantity and education is a crucial ingredient of unified growth models that explain the transition from Malthusian stagnation to modern growth. We present first evidence that such a trade-off indeed existed before the demographic transition, exploiting a unique...
Persistent link: https://www.econbiz.de/10008534051
The aim of this paper is to study whether schooling choices are affected by social interactions. Such social … eligible children tend to attend school more frequently, (ii) but also the ineligible children acquire more schooling when the …
Persistent link: https://www.econbiz.de/10005196320
affect child schooling by focusing on young school-age children who are otherwise not active in the labor market. Using micro … percentage points higher schooling probability for children between the ages of 7 and 10. This result explains approximately 26 … percent of the improvement in schooling for this age group between the years 1988 and 2000 …
Persistent link: https://www.econbiz.de/10008833909
Most normative studies on child labor arrive at the conclusion that child labor is detrimental to social welfare. Child labor is, however, still prevalent in many developing countries even though in many of these countries it is forbidden by law. In this paper we develop a political-economic...
Persistent link: https://www.econbiz.de/10005196253
We study the impact of loan regulation in rural India on child labor with an overlapping-generations model of formal and informal lending, human capital accumulation, adverse selection, and differentiated risk types. Specifically, we build a model economy that replicates the current outcome with...
Persistent link: https://www.econbiz.de/10010593131