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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP5980 |
DP5980 Beyond Trade Costs: Firms' Endogenous Access to International Markets | |
Armando José Garcia Pires | |
发表日期 | 2006-12-03 |
出版年 | 2006 |
语种 | 英语 |
摘要 | In this paper, we investigate the role of young adult mortality on child labour and educational decisions. We argue that mortality risks are a major source of risks in returns to education in developing countries. We show that, in the absence of appropriate insurance mechanisms, the level of child labour is inefficient, but it can be too high or too low. It is too high when parents are not very altruistic or anticipate positive transfers from their children in the future. Uncertain returns to education, endogenous mortality or imperfect capital markets unambiguously increase child labour. When the level of child labour is inefficiently high, we also show that a cash transfer conditional on child's schooling can always restore efficiency regarding child labour. |
主题 | Public Economics |
关键词 | Child labour Education Mortality risks Old-age security motive Conditional cash transfers |
URL | https://cepr.org/publications/dp5980 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534818 |
推荐引用方式 GB/T 7714 | Armando José Garcia Pires. DP5980 Beyond Trade Costs: Firms' Endogenous Access to International Markets. 2006. |
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