Introducing Uncertainty into Baland and Robinson's Model of Child Labour
Bland and Robinson (2000) [Baland, J.-M., Robinson, J.A., 2000. Is child labour inefficient? Journal of Political Economy 108 (4), 663–681] developed a model of child labour in which child labour can be inefficiently high when parents are credit constrained. We show here that, when return to human capital is uncertain and insurance are incomplete, the level of child labour can be inefficiently high even when parents are not credit constrained and bequests are interior.
|Date of creation:||15 Oct 2003|
|Date of revision:||Feb 2006|
|Publication status:||Published: Revised version in Journal of Development Economics, Vol. 79, No. 1 (February 2006), pp. 264–272|
|Contact details of provider:|| Postal: |
|Order Information:|| Email: |
When requesting a correction, please mention this item's handle: RePEc:car:carecp:03-11. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Renee Lortie)
If references are entirely missing, you can add them using this form.