Credit constraints and the phenomenon of child labor

作者: Priya Ranjan

DOI: 10.1016/S0304-3878(00)00125-5

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摘要: Abstract This paper develops an overlapping generations general equilibrium model where inefficient child labor arises due to credit constraints. It derives a positive relationship between inequality in the distribution of income and incidence labor. Looking at policy implications, it shows how trade sanctions against countries using may fail reduce discusses some alternative policies

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