Child Labor, Income Shocks, and Access to Credit
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.
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dig-okr-10986182222021-04-23T14:03:41Z Child Labor, Income Shocks, and Access to Credit Beegle, Kathleen Dehejia, Rajeev H. Gatti, Roberta 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 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. 2014-05-09T19:20:05Z 2014-05-09T19:20:05Z 2003-06 http://documents.worldbank.org/curated/en/2003/05/2874539/child-labor-income-shocks-access-credit http://hdl.handle.net/10986/18222 English en_US Policy Research Working Paper;No. 3075 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Africa Tanzania |
| institution |
Banco Mundial |
| collection |
DSpace |
| country |
Estados Unidos |
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US |
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Bibliográfico |
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En linea |
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dig-okr |
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biblioteca |
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America del Norte |
| libraryname |
Biblioteca del Banco Mundial |
| language |
English en_US |
| topic |
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 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 |
| spellingShingle |
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 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 Beegle, Kathleen Dehejia, Rajeev H. Gatti, Roberta Child Labor, Income Shocks, and Access to Credit |
| description |
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. |
| format |
Publications & Research :: Policy Research Working Paper |
| topic_facet |
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 |
| author |
Beegle, Kathleen Dehejia, Rajeev H. Gatti, Roberta |
| author_facet |
Beegle, Kathleen Dehejia, Rajeev H. Gatti, Roberta |
| author_sort |
Beegle, Kathleen |
| title |
Child Labor, Income Shocks, and Access to Credit |
| title_short |
Child Labor, Income Shocks, and Access to Credit |
| title_full |
Child Labor, Income Shocks, and Access to Credit |
| title_fullStr |
Child Labor, Income Shocks, and Access to Credit |
| title_full_unstemmed |
Child Labor, Income Shocks, and Access to Credit |
| title_sort |
child labor, income shocks, and access to credit |
| publisher |
World Bank, Washington, DC |
| publishDate |
2003-06 |
| url |
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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AT beeglekathleen childlaborincomeshocksandaccesstocredit AT dehejiarajeevh childlaborincomeshocksandaccesstocredit AT gattiroberta childlaborincomeshocksandaccesstocredit |
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1756573464338104320 |