Wage Determination of a Child Worker: A Theoretical Analysis
A theory of wage determination of a child worker is presented using the consumption efficiency hypothesis and the Nash bargaining technique. The employer and the guardian of the child play the bargaining game. The model shows some interesting results regarding the split of the wage between the consumption of the child and the income of the guardian. Copyright 2000 by Blackwell Publishing Ltd
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Volume (Year): 4 (2000)
Issue (Month): 2 (June)
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