The Wealth Paradox Revisited: Credit Market Imperfections and Child Labor
We revisit the model of child labor in a peasant household presented in Bhalotra and Heady (2003), and demonstrate that the e¤ect of credit market imperfections on child labor di¤ers between households that save and households that borrow. This in turn is important for the interpretation of empirical results.
|Date of creation:||23 Oct 2008|
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- Sonia Bhalotra & Christopher Heady, 2003.
"Child Farm Labor: The Wealth Paradox,"
World Bank Economic Review,
World Bank Group, vol. 17(2), pages 197-227, December.
- Bhalotra, Sonia & Heady, Christopher, 2001. "Child farm labour : the wealth paradox," Social Protection Discussion Papers 24088, The World Bank.
- Sonia Bhalotra & Christopher Heady, 2003. "Child Farm Labor: The Wealth Paradox," Bristol Economics Discussion Papers 03/553, Department of Economics, University of Bristol, UK.
- Eric V. Edmonds & Nina Pavcnik, 2005. "Child Labor in the Global Economy," Journal of Economic Perspectives, American Economic Association, vol. 19(1), pages 199-220, Winter.
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