Origins and Consequences of Child Labor Restrictions: A Macroeconomic Perspective

Matthias Doepke () and Dirk Krueger ()

No 3259, IZA Discussion Papers from Institute for the Study of Labor (IZA)

Abstract: We investigate the positive and normative consequences of child-labor restrictions for economic aggregates and welfare. We argue that even though the laissez-faire outcome may be inefficient, there are usually better policies to cure these inefficiencies than the imposition of a child-labor ban. Given this finding, we investigate the potential political-economic reasons behind the emergence and persistence of child-labor legislation. Our investigation is based on a structural dynamic general equilibrium model that provides a coherent and uniform framework for our analysis.

Keywords: child labor; education; labor restrictions (search for similar items in EconPapers)
JEL-codes: I28 J13 J22 J24 J88 O40 (search for similar items in EconPapers)
Date: 2007-12
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Related works:
Working Paper: Origins and Consequences of Child Labor Restrictions: A Macroeconomic Perspective (2006)
Working Paper: Origins and Consequences of Child Labour Restrictions: A Macroeconomic Perspective (2006)
Working Paper: Origins and Consequences of Child Labor Restrictions: A Macroeconomic Perspective
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