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The Economics of Child Labour$
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Alessandro Cigno and Furio Camillo Rosati

Print publication date: 2005

Print ISBN-13: 9780199264452

Published to Oxford Scholarship Online: July 2005

DOI: 10.1093/0199264457.001.0001

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Prolegomena

Prolegomena

Chapter:
(p.6) 1 Prolegomena
Source:
The Economics of Child Labour
Author(s):

Alessandro Cigno

Furio Camillo Rosati

Publisher:
Oxford University Press
DOI:10.1093/0199264457.003.0002

Contains the building blocks of the subsequent theoretical analysis. Kaushik Basu’s model of the market for adult-equivalent labour explains child labour essentially as a consequence of binding subsistence requirements. Gary Becker’s dynastic model explains fertility decisions, and transfers from parents to children, as a consequence of altruism. The present authors explain fertility decisions, and transfers between parents and children, with the possible existence of self-enforcing family constitutions. In all three models, child labour (transfers to children) can be inefficiently high (low).

Keywords:   altruism, child labour, fertility, intergenerational transfers, self-enforcing family constitutions

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