Child work: an expository framework of altruistic and non-altruistic models
Furio Rosati and
Zafiris Tzannatos
No 25984, Social Protection Discussion Papers and Notes from The World Bank
Abstract:
In this paper the authors present, and confront two approaches to modeling child labor. The first assume that parents are altruistic towards their offspring, while the second sees children as an asset to parents, especially in terms of old age security. The paper also extends the analysis to consider fertility as endogenous and jointly determined together with children's activities. The paper uses a simple basic model that try to frame the main effects discussed in the literature, while providing some novel results in terms of the consequences of treating fertility as endogenous and of the effects of uncertainty in expected old age transfers from children.
Keywords: Street Children; Youth and Governance; Children and Youth; Environmental Economics&Policies; Health Monitoring&Evaluation (search for similar items in EconPapers)
Date: 2003-03-31
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Citations: View citations in EconPapers (5)
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Persistent link: https://EconPapers.repec.org/RePEc:wbk:hdnspu:25984
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