Origins and Consequences of Child Labor Restrictions: A Macroeconomic Perspective

Matthias Doepke and Dirk Krüger ()
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Dirk Krüger: University of Pennsylvania
Authors registered in the RePEc Author Service: Dirk Krueger

No 3259, IZA Discussion Papers from Institute of Labor Economics (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: education; labor restrictions; child labor (search for similar items in EconPapers)
JEL-codes: I28 J13 J22 J24 J88 O40 (search for similar items in EconPapers)
Pages: 51 pages
Date: 2007-12
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Published - published in: Peter Rupert (ed.), Frontiers in Family Economics, Bingley: Emerald, 2008

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Related works:
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 (2006)
Working Paper: Origins and Consequences of Child Labor Restrictions: A Macroeconomic Perspective
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