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We argue from an empirical analysis of Latin American household surveys that per capita income in the country of residence has a negative effect on child labor supply, even after controlling for other household characteristics. We then develop a theory of the emergence of mandatory education...
Persistent link: https://www.econbiz.de/10012732366
The rise in per-capita labor over the last 30 years is difficult to explain in a standard macroeconomic model because rising wages of women should have lead to a large rise in husband's leisure. This paper argues that home production and bargaining are both essential for understanding these...
Persistent link: https://www.econbiz.de/10013316932