| 来源类型 | Working Paper
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| 规范类型 | 报告
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| DOI | 10.3386/w9018
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| 来源ID | Working Paper 9018
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| Child Labor: The Role of Income Variability and Access to Credit Across Countries |
| Rajeev Dehejia; Roberta Gatti
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| 发表日期 | 2002-06-20
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| 出版年 | 2002
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| 语种 | 英语
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| 摘要 | This paper examines the relationship between child labor and access to credit at a cross-country level. Even though this link is theoretically central to child labor, so far there has been little work done to assess its importance empirically. We measure child labor as a country aggregate, and credit constraints are proxied by the extent of financial development. These two variables display a strong negative relationship, which we show is robust to selection on observables (by controlling for a wide range of variables such as GDP per capita, urbanization, initial child labor, schooling, fertility, legal institutions, inequality, and openness, and by allowing for a nonparametric functional form), and to selection on unobservables (by allowing for fixed effects). We find that the magnitude of the association between our proxy of access to credit and child labor is large in the sub-sample of poor countries. Moreover, in the absence of developed financial markets, households appear to resort substantially to child labor in order to cope with income variability. This evidence suggests that policies aimed at widening households' access to credit could be effective in reducing the extent of child labor. |
| 主题 | Labor Economics
; Labor Supply and Demand
; Financial Economics
; Financial Markets
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| URL | https://www.nber.org/papers/w9018
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| 来源智库 | National Bureau of Economic Research (United States)
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| 引用统计 |
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/566627
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推荐引用方式
GB/T 7714 |
Rajeev Dehejia,Roberta Gatti. Child Labor: The Role of Income Variability and Access to Credit Across Countries. 2002.
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文件名：
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w9018.pdf
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格式：
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Adobe PDF
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