This paper determines which children work and how much children work in Kenya. The results show that the educational level of the head of household is important, but it does not matter if the head has primary or higher education. Social norms have a strong effect on the child’s probability of...

This paper investigates the potential impact of the growing influence of the opinions of credit rating agencies (CRAs) on market dynamics. This impact can be seen as a consequence of the information content of the ratings themselves or indirectly as a consequence of the "hardwiring" of ratings...