How to Deal with Covert Child Labor and Give Children an Effective Education, in a Poor Developing Country
Because credit and insurance markets are imperfect and intrafamily transfers and how children use their time outside school hours are private information, the second-best policy makes school enrollment compulsory, forces overt child labor below its efficient level (if positive), and uses a combinati...
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okr-10986-153092021-04-23T14:03:21Z How to Deal with Covert Child Labor and Give Children an Effective Education, in a Poor Developing Country Cigno, Alessandro account borrowing Child Labor Child Labour Development Economics economic analysis economics employment employment opportunities family members general equilibrium human capital income insurance Labor Economics labor market moral hazard Political Economy school attendance young children Because credit and insurance markets are imperfect and intrafamily transfers and how children use their time outside school hours are private information, the second-best policy makes school enrollment compulsory, forces overt child labor below its efficient level (if positive), and uses a combination of need- and merit-based grants, financed by earmarked taxes, to relax credit constraints, redistribute, and insure. Existing conditional cash transfer schemes can be made to approximate the second-best policy by incorporating these principles in some measure. 2013-08-22T21:27:53Z 2013-08-22T21:27:53Z 2012-01-18 Journal Article World Bank Economic Review 1564-698X doi:10.1093/wber/lhr038 http://hdl.handle.net/10986/15309 en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank World Bank Journal Article Latin America |
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Foreign Institution |
institution |
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World Bank Open Knowledge Repository |
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World Bank |
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en_US |
topic |
account borrowing Child Labor Child Labour Development Economics economic analysis economics employment employment opportunities family members general equilibrium human capital income insurance Labor Economics labor market moral hazard Political Economy school attendance young children |
spellingShingle |
account borrowing Child Labor Child Labour Development Economics economic analysis economics employment employment opportunities family members general equilibrium human capital income insurance Labor Economics labor market moral hazard Political Economy school attendance young children Cigno, Alessandro How to Deal with Covert Child Labor and Give Children an Effective Education, in a Poor Developing Country |
geographic_facet |
Latin America |
description |
Because credit and insurance markets are imperfect and intrafamily transfers and how children use their time outside school hours are private information, the second-best policy makes school enrollment compulsory, forces overt child labor below its efficient level (if positive), and uses a combination of need- and merit-based grants, financed by earmarked taxes, to relax credit constraints, redistribute, and insure. Existing conditional cash transfer schemes can be made to approximate the second-best policy by incorporating these principles in some measure. |
format |
Journal Article |
author |
Cigno, Alessandro |
author_facet |
Cigno, Alessandro |
author_sort |
Cigno, Alessandro |
title |
How to Deal with Covert Child Labor and Give Children an Effective Education, in a Poor Developing Country |
title_short |
How to Deal with Covert Child Labor and Give Children an Effective Education, in a Poor Developing Country |
title_full |
How to Deal with Covert Child Labor and Give Children an Effective Education, in a Poor Developing Country |
title_fullStr |
How to Deal with Covert Child Labor and Give Children an Effective Education, in a Poor Developing Country |
title_full_unstemmed |
How to Deal with Covert Child Labor and Give Children an Effective Education, in a Poor Developing Country |
title_sort |
how to deal with covert child labor and give children an effective education, in a poor developing country |
publisher |
World Bank |
publishDate |
2013 |
url |
http://hdl.handle.net/10986/15309 |
_version_ |
1764430984034385920 |