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"We present a theory of the emergence of laws restricting child labor or imposing mandatory education that is consistent with the fact that poor parents tend to oppose such laws. We find that if altruistic parents are unable to commit to educating their children, child-labor laws can increase...
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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...
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Both men and women wish to have a family and a rewarding career. In this paper, we show that the under-representation of women in high-powered professions may reflect a coordination failure in young women's marriage-timing decisions. Since investing in a high-powered career imposes time strain,...
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