In many developing countries, a modern sector coexists with a traditional, informal, sector often intensive in child labor. In such a setting, when parents care about both the number and wellbeing of offsping, but also attach an economic value to children, there is a positive association between...

In this paper, we show that replacing a public-education regime by a private regime with public subsidization of education, causes agents to completely internalize the effect, on their offspring education, of their fertility decisions. As a result, fertility is lower compared to a public regime,...

I develop a theory of technical progress that uncovers sufficient conditions for opposition to the adoption of child labor laws to disappear over time. The supply of child labor comes exclusively from unskilled parents, because of their inability to help their children benefit from formal...

This paper develops a two-sector, general equilibrium, overlapping generations model to study necessary and sufficient conditions for the existence of private tutoring, when education is publicly provided. Young agents have heterogeneous endowments of human capital, which they can augment...