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...

The financial and economic crisis of 2008 and 2009 has taken its toll on the South African economy. The economy contracted for the first time since 1998, and entered recession during the fourth quarter of 2008. The GDP contraction was soon transmitted to the labor market. Between the second...

The financial and economic crisis of 2008 and 2009 has taken its toll on the South African economy. The economy contracted for the first time since 1998, and entered recession during the fourth quarter of 2008. The GDP contraction was soon transmitted to the labor market. Between the second...