We present a model in which the gender gap in wages displays non-monotonic dynamics of the type observed in the US during the twentieth century. We show that the dynamics of the gender gap depend on the number of women that work at home in the early stage of their life and join the labor force...

We investigate the positive and normative consequences of child-labor restrictions foreconomic aggregates and welfare. We argue that even though the laissez-faire outcome maybe inefficient, there are usually better policies to cure these inefficiencies than the impositionof a child-labor ban...