Arbeitspapier

Origins and consequences of child labor restrictions: a macroeconomic perspective

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.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 3259

Classification
Wirtschaft
Education: Government Policy
Subject
Child labor
education
labor restrictions
Kinderarbeit
Regulierung
Arbeitnehmerschutz
Wohlfahrtseffekt
Makroökonomischer Einfluss
Theorie

Event
Geistige Schöpfung
(who)
Doepke, Matthias
Krueger, Dirk
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2007

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Doepke, Matthias
  • Krueger, Dirk
  • Institute for the Study of Labor (IZA)

Time of origin

  • 2007

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