T.W. Schultz (1975) proposed that returns to human capital were highest in economic environments where technology, price or production shocks were common and managerial skills to adapt resource allocations to those shocks were most in need. We hypothesize that variation in returns to human...

Consistent with its focus on social policies, Sri Lanka has devoted significant attention to worker protection. One of the main pillars of its worker protection policy is the Termination of Employment of Workman Act (TEWA) introduced in 1971. The act aims to limit unemployment by raising the...

The authors evaluate the effects of idiosyncratic shocks to a father's income on his children's probability of dropping out of school, entering the labor market, or failing to advance to the next grade level. Their analysis uses a large rotating panel data set containing information on household...

The authors use a unique data set on language, and mathematics test scores for third, and fourth graders in eleven different Latin American countries, to determine whether child labor raises or lowers school achievement. Their findings are amazingly consistent across countries. In every country,...

Using country-level data, this report lays out the broad stylized facts regarding the relationship between child labor and per capita GDP, adult literacy, and the share of agriculture in the economy. The relationship between child labor force participation and per capita income is convex and...

The authors use a unique data set on adult earnings in Brazil to study how child labor affects adult earnings through its impacts on work experience, years of schooling, and human capital attained per year of schooling. Adding up these positive and negative effects, their empirical findings...

Agribusiness firms are increasingly hiring non-agriculture college graduates. Unclear is whether the demand for non-agriculture graduates is predicated on an undersupply of agriculture graduates or if non-agriculture graduates have skills that are not being developed in traditional agriculture...

Training funds are used to incentivize training in developing countries, but the funds are based on payroll taxes that lower the return to training. In the absence of training funds, larger, high-wage and more capital intensive firms are the most likely to offer training unless they are...

In developing countries, rising incomes, increased demand for more skilled labor, and government investments of considerable resources on building and equipping schools and paying teachers have contributed to global convergence in enrollment rates and completed years of schooling. Nevertheless,...

Changes in women's relative wages and employment are analyzed, using social security data from Slovenia (1987-1992) and a retrospective labor force survey in Estonia (1989-1994). Estonia adopted liberal labor market policies. Slovenia took an interventionist approach. Nevertheless, relative...