Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/35181 
Year of Publication: 
2007
Series/Report no.: 
IZA Discussion Papers No. 3259
Publisher: 
Institute for the Study of Labor (IZA), Bonn
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

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