A Model of Child Labor
AbstractThe authors build a model of child labor and study its implication for welfare and fertility. Assuming there is a trade-off between child labor and human capital accumulation, we derive conditions under which child labor is socially inefficient. Even if parents are altruistic, child labor may arise in equilibrium because of commitment problem stemming from the fact that parents control child but not adult income.
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Bibliographic InfoPaper provided by Notre-Dame de la Paix, Sciences Economiques et Sociales in its series Papers with number 206.
Length: 23 pages
Date of creation: 1998
Date of revision:
Contact details of provider:
Postal: FACULTE UNIVERSITAIRE NOTRE-DAME DE LA PAIX, FACULTE DES SCIENCES ECONOMIQUES ET SOCIALES, RUE DE BRUXELLES NAMUR FRANCE.
Web page: http://www.fundp.ac.be/facultes/eco/
More information through EDIRC
CHILD LABOUR ; SOCIAL WELFARE ; FERTILITY;
Other versions of this item:
- J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
- I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
- D10 - Microeconomics - - Household Behavior - - - General
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