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The recent theorical literature on the political economy of growth displays contrasting findings on the nature of the political link between income inequality and growth. In this paper, we explain this contrast and argue that in a democracy, when redistribution is in the form of government...
Persistent link: https://www.econbiz.de/10005670327
We argue from an empirical analysis of Latin-American household surveys that per capita income in the country of residence has a negative effect on child labor supply, even after controlling for other household characteristics. We then develop a theory of the emergence of mandatory-education...
Persistent link: https://www.econbiz.de/10005670329
We develop a model of child labour where poverty and inequality combine to determine policy response to child labour. If there are strategic complementarities between parents’ decisions to educate their children and .firms’ technology choice, multiple school-enrollment equilibria arise. Only...
Persistent link: https://www.econbiz.de/10005784563