A Model of Child Labor.

The 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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Year of publication:	1998
Authors:	Baland, J.M. ; Robinson, J.A.
Institutions:	Faculté des Sciences Économiques, Sociales et de Gestion (FSESG), Université de Namur
Subject:	CHILD LABOUR \| SOCIAL WELFARE \| FERTILITY

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Series:	Notre-Dame de la Paix, Sciences Economiques et Sociales.
Type of publication:	Book / Working Paper
Notes:	23 pages
Classification:	J13 - Fertility; Family Planning; Child Care; Children; Youth ; I31 - General Welfare; Basic Needs; Quality of Life ; D10 - Household Behavior and Family Economics. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005776061