Origins and Consequences of Child Labor Restrictions: A Macroeconomic Perspective

Matthias Doepke () and Dirk Krueger ()

No 12665, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: In this paper we investigate the positive and normative consequences of child-labor restrictions for economic aggregates and welfare. We argue that even though the laissez-faire equilibrium 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.

JEL-codes: E6 H80 I28 I38 J40 (search for similar items in EconPapers)
Date: 2006-11
Note: CH ED EFG PE LS
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Related works:
Working Paper: Origins and Consequences of Child Labor Restrictions: A Macroeconomic Perspective (2007)
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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