Although a growing theoretical
literature points to credit constraints as an important
source of inefficiently high child labor, little work has
been done to assess its empirical relevance. Using panel
data from Tanzania, the authors find that households respond
to transitory income shocks by increasing child labor, but
that the extent to which child labor is used as a buffer is
lower when households have access to credit. These findings
contribute to the empirical literature on the permanent
income hypothesis by showing that credit-constrained
households actively use child labor to smooth their income.
Moreover, they highlight a potentially important determinant
of child labor and, as a result, a mechanism that can be
used to tackle it.
Bibliographic Details
| Main Authors: |
Beegle, Kathleen,
Dehejia, Rajeev H.,
Gatti, Roberta |
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| Format: | Policy Research Working Paper
biblioteca
|
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| Language: | English
en_US |
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| Published: |
World Bank, Washington, DC
2003-06
|
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| Subjects: | ACCOUNT,
ADULT MORTALITY,
CHILD LABOR,
CHILD LABOR ISSUES,
CONDITIONS FOR CHILDREN,
CREDIT RATIONING,
CROWDING,
CROWDING OUT,
DURABLE GOODS,
ECONOMIC ACTIVITY,
ECONOMIC IMPACT,
ECONOMICS,
ECONOMISTS,
EMPIRICAL RESEARCH,
EMPIRICAL STUDIES,
EMPLOYMENT,
FINANCIAL MARKETS,
FORMAL EDUCATION,
HUMAN DEVELOPMENT,
INCOME,
INSURANCE,
LABOR MARKETS,
LABOR SUPPLY,
LEISURE,
LIVING STANDARDS,
MARKET FAILURES,
OLDER CHILDREN,
OLDER SIBLINGS,
ORPHANHOOD,
PARENTAL EDUCATION,
PARENTS,
POLICY RESEARCH,
POLITICAL ECONOMY,
SAVINGS,
SCHOOL ATTENDANCE,
THEORETICAL MODELS,
WAGES,
WORKING CHILDREN,
YOUNGER CHILDREN CHILD LABOR ELIMINATION,
ACCESS TO CREDIT,
INCOME SHOCK,
CREDIT MARKETS,
TANZANIA,
ECONOMIC CONDITIONS,
YOUNGER CHILDREN,
CHILD LABOR ELIMINATION, |
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| Online Access: | http://documents.worldbank.org/curated/en/2003/05/2874539/child-labor-income-shocks-access-credit
http://hdl.handle.net/10986/18222
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