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Although intuitive and morally compelling, a ban on the worst forms of child labour in poor countries is unlikely to be welfare improving. We show that harmful forms of child labour have an economic role: by maintaining wages for child labour high enough, they allow human capital accumulation in...
Persistent link: https://www.econbiz.de/10005072242
I develop a theory of technical progress that uncovers sufficient conditions for opposition to the adoption of child labor laws to disappear over time. The supply of child labor comes exclusively from unskilled parents, because of their inability to help their children benefit from formal...
Persistent link: https://www.econbiz.de/10005696292
I develop a theory of technical progress that uncovers sufficient conditions for opposition to the adoption of child labor laws to disappear over time. The supply of child labor comes exclusively from unskilled parents, because of their inability to help their children benefit from formal...
Persistent link: https://www.econbiz.de/10005696400
This paper develops a two-sector, general equilibrium, overlapping generations model to study necessary and sufficient conditions for the existence of private tutoring, when education is publicly provided. Young agents have heterogeneous endowments of human capital, which they can augment...
Persistent link: https://www.econbiz.de/10005696405
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Both men and women wish to have a family and a rewarding career. In this paper, we show that the under-representation of women in high-powered professions may reflect a coordination failure in young women?s marriage-timing decisions. Since investing in a highpowered career imposes time strain,...
Persistent link: https://www.econbiz.de/10010262662
We present a theory of the emergence of laws restricting child labor or imposing mandatory education that is consistent with the fact that poor parents tend to oppose such laws. We find that if altruistic parents are unable to commit to educating their children, child-labor laws can increase the...
Persistent link: https://www.econbiz.de/10010267703
In communities highly dependent on rainfed agriculture for their livelihoods, the common occurrence of climatic shocks can lower the marginal cost of a child and raise fertility. We test this hypothesis using longitudinal data from Madagascar. Exploiting exogenous within-district year-to-year...
Persistent link: https://www.econbiz.de/10012174686