Credit Constraints and the Phenomenon of Child Labor

P. Ranjan
Authors registered in the RePEc Author Service: Priyaranjan Jha

Working Papers from California Irvine - School of Social Sciences

Abstract: This paper develops an overlapping generations general equilibrium model to show how the phenomenon of child labor can arise due to a combination of poverty and credit constraints. It further shows that in the presence of credit constraints, the incidence of child labor is positively related with inequality in the distribution of income, and presents some empirical evidence consistent with this result.

Keywords: CHILDREN; SOCIAL WELFARE; CREDIT (search for similar items in EconPapers)
JEL-codes: D60 J24 (search for similar items in EconPapers)
Pages: 28 pages
Date: 1999
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Citations: View citations in EconPapers (35)

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Journal Article: Credit constraints and the phenomenon of child labor (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:fth:calirv:98-99-12

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