Child labor: cause, consequence, and cure, with remarks on international labor standards
Kaushik Basu, World Bank. Office of the Senior Vice President and Chief Economist, Development Economics
World Bank, Office of the Senior Vice President, Development Economics, 1998 - Law - 73 pages
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The Empirical Context A Contemporary
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adult unemployment aggregate demand aggregate supply argued argument Ashagrie Asia assumptions ban on child bargaining child labor occurs child labor standards child wage collective maximization problem compulsory education consider contemporary context Cote d'lvoire Cunningham and Viazzo curb child labor Dani Rodrik debate decision decline demand curve depends developing countries discussion economic efficiency wage empirical employer employment equilibrium firms free contract Grootaert and Kanbur Gupta H-contracts harassment lemma Harkin's bill important incidence of child income industrialized nations instance international labor standards intervention intra-national labor force labor supply legislation Let us assume luxury axiom Marx Maskus model of Section Moehling multiple equilibria Nardinelli number of children overlapping generations model paper parents Pareto efficient Parsons and Goldin participation rate preference productivity protectionism region restrictions Section 6A send his child send its children send their children sexual harassment supply curve threat point utility function welfare workers x(Aw