Bellettini, Giorgio; Ceroni, Carlotta Berti; Ottaviano, … - Fondazione ENI Enrico Mattei (FEEM) - 2003
We study the interactions between technological innovation, investment in human capital and child labor. In our setting new technologies require new skills and new skills can be developed only through schooling. In a two-stage game, first firms decide on innovation, then households decide on...