Barriers to Capital Accumulation and the Incidence of Child Labor PDF Download

Barriers to Capital Accumulation and the Incidence of Child Labor PDF
By:Marco A Espinosa-Vega,Richard C. Barnett
Published on 2005-11-01 by International Monetary Fund

The World Bank documents an inverse relationship between GDP per capita and child labor participation rates. We construct a life-cycle model with human and physical capital in which parents make a time allocation choice for their child. The model considers two features that have shown potential in explaining differences in states of development across nations. These are a minimum consumption requirement, and barriers to physical capital accumulation. We find the introduction of capital barriers alone is not enough to replicate the aforementioned observation by the World Bank. However, we find the interplay of a minimum consumption requirement and barriers to capital may enhance our understanding of child labor and the poverty of nations. Additionally, we find support for policies aimed at reducing capital barriers as a means to reduce child labor.

This Book was ranked at 26 by Google Books for keyword children's education outcome.

Book ID of Barriers to Capital Accumulation and the Incidence of Child Labor's Books is N3wLI4pn7UsC, Book which was written byMarco A Espinosa-Vega,Richard C. Barnetthave ETAG "y5R22wFlKF0"

Book which was published by International Monetary Fund since 2005-11-01 have ISBNs, ISBN 13 Code is 9781451907759 and ISBN 10 Code is 1451907753

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Book which have "23 Pages" is Printed at BOOK under CategoryBusiness and Economics

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