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Title:Origins and consequences of child labor restrictions: a macroeconomic perspective PDF Logo
Authors:Doepke, Matthias
Krueger, Dirk
Issue Date:2007
Series/Report no.:IZA Discussion Papers 3259
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.
Subjects:Child labor
education
labor restrictions
JEL:I28
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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