Doepke, Matthias; Krueger, Dirk - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
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...