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externalities (social returns to education) there exists a range of microloan amounts that are growth depressing and welfare … divert investment away from human capital: by failing to internalize the social returns to education, households …
Persistent link: https://www.econbiz.de/10009153583
-linked externalities (JLEs). JLEs emerge when wages exceed the opportunity cost of labor (labor externalities), or when there are social … gains from creating better jobs for some classes of worker, such as women or youth (social externalities). Like all … externalities, JLEs create a gap between private and social rates of return. Investments can be socially profitable (once the …
Persistent link: https://www.econbiz.de/10012239109
Are bans effective at lowering child labor and increasing school attendance and, if so, do these effects lead to positive outcomes later in life? This paper seeks to answer these questions by examining the effect of a 1998 Brazilian law that increased the minimum employment age from 14 to 16. To...
Persistent link: https://www.econbiz.de/10013209861
available. In this paper, we use nationally representative cohort data linked to administrative education records to study the …
Persistent link: https://www.econbiz.de/10012203074