Jump to ContentJump to Main Navigation
Understanding Poverty$
Users without a subscription are not able to see the full content.

Abhijit Vinayak Banerjee, Roland Bénabou, and Dilip Mookherjee

Print publication date: 2006

Print ISBN-13: 9780195305197

Published to Oxford Scholarship Online: September 2006

DOI: 10.1093/0195305191.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in OSO for personal use (for details see www.oxfordscholarship.com/page/privacy-policy).date: 18 June 2019

Child Labor

Child Labor

Chapter:
(p.243) 16 Child Labor
Source:
Understanding Poverty
Author(s):

Christopher Udry (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/0195305191.003.0016

In order to construct effective policies to address the problem of child labor, it is necessary to understand the circumstances that lead parents to send their children to work. The essay is organized as follows. The second section briefly describes some of the main features of child labor in developing countries. The third section discusses the first of two features of child labor that give it a central place in a vicious cycle of poverty. This is the fact that the primary costs of child labor are realized so far in the future. When financial markets are poorly developed, the separation in time between the immediate benefits and long-delayed costs of sending children to work can result in too much child labor. The second feature is that the costs and benefits of child labor are not only separated in time; they are borne by different people: the child suffers the main consequences, while other household members benefit. This problem of agency is discussed in the fourth section. The fifth section concludes with a discussion of child labor policies.

Keywords:   financial markets, agency, human capital, investments, social policy

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .