Child Labor, idiosyncratic shocks, and social policy
Alice Fabre and
Stephane Pallage
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Abstract:
In this paper, we provide a dynamic model with heterogeneous agents to study child labor in an economy with idiosyncratic shocks to employment. Households facing adverse shocks may use child labor as a means to smooth consumption. We show that the introduction of an unemployment insurance program and/or a universal basic income system helps eliminate child labor endogenously in this context. A calibration to South Africa in the 1990s is provided.
Keywords: Economie; quantitative (search for similar items in EconPapers)
Date: 2015-09
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Citations: View citations in EconPapers (3)
Published in Journal of Macroeconomics, 2015, 45, pp.394-411. ⟨10.1016/j.jmacro.2015.07.001⟩
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Related works:
Journal Article: Child labor, idiosyncratic shocks, and social policy (2015) 
Working Paper: Child Labor, Idiosyncratic Shocks, and Social Policy (2013) 
Working Paper: Child Labor, Idiosyncratic Shocks, and Social Policy (2013) 
Working Paper: Child Labor, Idiosyncratic Shocks, and Social Policy (2011) 
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01456112
DOI: 10.1016/j.jmacro.2015.07.001
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