The poverty alleviating benefits of gender-targeted microcredit programs has successfully been demonstrated in South Asia. In this paper, we examine the demand for credit by Indonesian women, in the absence of such a targeted microcredit program. We argue that when credit markets are imperfect...

This paper examines human capital investment in rural households of developing countries, where child labour is prevalent. There are two features to the model: first, children contribute in an economic sense through child labour and through old-age security. Therefore, demand for children is...

This paper examines optimal investment in children's schooling using a two-period model. Children are assumed to contribute in an economic sense through child labour when they are young and through old-age security as adults. Parents therefore face a trade-off between current and future returns...

An OLG model is developed which examines parental investment in human capital in a model incorporating human capital externalities. In developing countries, in the absence of well-developed capital markets, children are considered as forms of economic assets. Children's human capital is...

The purpose of this paper is to examine the role of financial capital markets in influencing demand for children in developing countries. As such it is also important to consider their contributions to current utility through child labour. The incorporation of this aspect provides an alternative...

This paper uses a using a nationally representative dataset to show that gender, birth order and sibling characteristics have significant effects on the schooling attainment of Egyptian children. Our analysis finds that relative to a male child, female and rural children are not only less likely...

The empirical literature is divided over the issue of whether child care costs are a significant barrier to female employment. In this paper we develop a theoretical model that contributes to the literature (1) by allocating mother's time between work, leisure and child care and (2) by...