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In this paper we construct a dynamic heterogeneous agent general equilibrium model to quantify the effects of child labor legislation on human capital accumulation and the distribution of wealth and welfare. Crucial model elements include a human capital externality in the market sector, an...
Persistent link: https://www.econbiz.de/10013233877
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Are bans effective at lowering child labor and increasing school attendance and, if so, do these effects lead to positive outcomes later in life? This paper seeks to answer these questions by examining the effect of a 1998 Brazilian law that increased the minimum employment age from 14 to 16. To...
Persistent link: https://www.econbiz.de/10013209861
This paper exploits a natural experiment approach to identify the impact of legislation (Employment of Children Act 1991) in Pakistan on participation of children in the labor markets. The law prohibits employment of children less than 14 years of age in sectors other than agriculture or...
Persistent link: https://www.econbiz.de/10012747558
"Until the close of the 19th century, many children in America were employed in farming, mills and mines or sold newspapers and fruits and vegetables on the streets. It took the Great Depression and New Deal legislation to pass the Fair Labor Standards Act of 1938 (and receive the support of the...
Persistent link: https://www.econbiz.de/10010128947
Most normative studies on child labor arrive at the conclusion that child labor is detrimental to social welfare. Child labor is, however, still prevalent in many developing countries even though in many of these countries it is forbidden by law. In this paper we develop a political-economic...
Persistent link: https://www.econbiz.de/10013318972
Despite progressive ratification of international conventions on that issue, 23% of the world’s children aged 10-14 are at work. This important book seeks to answer fundamental questions about the phenomenon’s economic causes, the working conditions children endure, and implications of their...
Persistent link: https://www.econbiz.de/10012440848
In recent years, a number of governments and consumer groups in rich countries have tried to discourage the use of child labor in poor countries through measures such as product boycotts and the imposition of international labor standards. The purported objective of such measures is to reduce...
Persistent link: https://www.econbiz.de/10012463587
In this paper we construct a dynamic heterogeneous agent general equilibrium model to quantify the effects of child labor legislation on human capital accumulation and the distribution of wealth and welfare. Crucial model elements include a human capital externality in the market sector, an...
Persistent link: https://www.econbiz.de/10012468346