Chapter

Child Labour, Education, and Saving

Alessandro Cigno and Furio Camillo Rosati

in The Economics of Child Labour

Published in print July 2005 | ISBN: 9780199264452
Published online July 2005 | e-ISBN: 9780191602511 | DOI: http://dx.doi.org/10.1093/0199264457.003.0003
Child Labour, Education, and Saving

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Parental decisions regarding the allocation between school and work of the time of school-age children, and about the accumulation of human capital and conventional assets, are crucially affected by asset and credit market conditions, and by the marginal return to education. Child bonding, and the apparent paradox of school-age children who neither work nor attend school are explained within the same theoretical framework. The analysis is essentially positive, but provides the elements for a normative judgement.

Keywords: bonded labour; child labour; education; fixed costs of access to work and education; intergenerational transfers

Chapter.  8812 words.  Illustrated.

Subjects: Public Economics

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