Scandinavian Working Papers in Economics
Working Papers in Economics,
University of Gothenburg, Department of Economics
No 323: The Wealth Paradox Revisited: Credit Market Imperfections and Child Labor
Heather Congdon Fors ()
Additional contact information
Heather Congdon Fors: Department of Economics, School of Business, Economics and Law, Göteborg University, Postal: Box 640, SE 40530 GÖTEBORG
Abstract: We revisit the model of child labor in a peasant household presented in Bhalotra and Heady (2003), and demonstrate that the e¤ect of credit market imperfections on child labor di¤ers between households that save and households that borrow. This in turn is important for the interpretation of empirical results.
Keywords: Child labor; credit market imperfections; wealth paradox
9 pages, October 23, 2008
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