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Compulsory Schooling Laws and the Cure for Child Labour (2004)

Bellettini, Giorgio ; Ceroni, Carlotta Berti

Oxford, UK; Malden, USA : Blackwell Publishing Ltd/Inc.

Bulletin of economic research 56 (2004), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: This paper provides an explanation for the existence of child labour which relies on the imperfect enforcement of compulsory schooling laws. In the presence of complementarities in the production of human capital that justify legislative intervention, mandatory measures ensure that coordination failures are solved so that all parents send their children to school and the socially optimal equilibrium is reached. However, if enforcement of legislation is too low, multiple equilibria emerge. In this case, compulsory schooling laws may have adverse welfare effects on all households.

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.2004.00199.x

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