A Model of Child Labor
Jean-Marie Baland and
James Robinson
Working Papers from Notre-Dame de la Paix, Sciences Economiques et Sociales
Abstract:
The authors build a model of child labor and study its implication for welfare and fertility. Assuming there is a trade-off between child labor and human capital accumulation, we derive conditions under which child labor is socially inefficient. Even if parents are altruistic, child labor may arise in equilibrium because of commitment problem stemming from the fact that parents control child but not adult income.
Keywords: CHILD LABOUR; SOCIAL WELFARE; FERTILITY (search for similar items in EconPapers)
JEL-codes: D10 I31 J13 (search for similar items in EconPapers)
Pages: 23 pages
Date: 1998
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Citations: View citations in EconPapers (14)
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Working Paper: A Model of Child Labor (1998)
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Persistent link: https://EconPapers.repec.org/RePEc:fth:nodapa:206
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