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Basu and Van (1998) show that a ban on child labour may be self-enforcing under the extreme assumption that, above the subsistence level, no amount of consumption can compensate parents for the disutility of child labour. We show that a partial ban may be self-enforcing also in a more general...
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Growth theory can go a long way toward accounting for phenomena linked with U.S. economic development. Some examples … are: (i) the secular decline in fertility between 1800 and 1980, (ii) the decline in agricultural employment and the rise …-force participation from 1900 to 1980, (v) the baby boom from 1936 to 1972. Growth theory models are presented to address all of these …
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In this paper, we investigate the role of young adult mortality on child labor and educational decisions. We show that …
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