In this paper we introduce additional parameters of the economic environment related to some notion of “distance” to institutions in a simple formal model. This distance could be viewed as an uneven spatial distribution (or coverage) of institutions with respect to population distribution....

This paper explores the evolution of child labor, fertility, and human capital in the process of development. In early stages of development the economy is in a development trap where child labor is abundant, fertility is high and output per capita is low. Technological progress, however,...

This paper explores the evolution of child labor, fertility, and human capital in the process of development. In early stages of development the economy is in a development trap where child labor is abundant, fertility is high and output per capita is low. Technological progress, however,...