Child labour, human capital and life expectancy
Giam Pietro Cipriani
Economics Bulletin, 2015, vol. 35, issue 2, 978-985
Abstract:
This paper studies new mechanisms through which human capital and longevity interact with child labour and endogenous fertility. When children provide old age support in the form of care and companionship, the economy may display multiple development regimes: a development trap with low human capital and large use of child labour or a high steady state with high longevity and human capital and low child labour. A situation with indeterminacy of equilibrium outcomes may also occur if child mortality is introduced in the model.
Keywords: Child labour; human capital; longevity (search for similar items in EconPapers)
JEL-codes: J1 O1 (search for similar items in EconPapers)
Date: 2015-04-22
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Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-14-00934
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