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The Wealth Paradox Revisited: Credit Market Imperfections and Child Labor

  • Congdon Fors, Heather

    ()

    (Department of Economics, School of Business, Economics and Law, Göteborg University)

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.

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File URL: http://hdl.handle.net/2077/18373
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Paper provided by University of Gothenburg, Department of Economics in its series Working Papers in Economics with number 323.

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Length: 9 pages
Date of creation: 23 Oct 2008
Date of revision:
Handle: RePEc:hhs:gunwpe:0323
Contact details of provider: Postal: Department of Economics, School of Business, Economics and Law, University of Gothenburg, Box 640, SE 405 30 GÖTEBORG, Sweden
Phone: 031-773 10 00
Web page: http://www.handels.gu.se/econ/

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  1. 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.
  2. 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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