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| Giam Pietro Cipriani |
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| ''Child labour, human capital and life expectancy'' |
| ( 2015, Vol. 35 No.2 ) |
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| This paper studies new mechanisms through which human capital and longevity interact with child labour and endogenous fertility. When children provide old age support in the form of care and companionship, the economy may display multiple development regimes: a development trap with low human capital and large use of child labour or a high steady state with high longevity and human capital and low child labour. A situation with indeterminacy of equilibrium outcomes may also occur if child mortality is introduced in the model. |
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| Keywords: Child labour, human capital, longevity |
JEL: J1 - Demographic Economics: General
O1 - Economic Development: General |
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| Manuscript Received : Nov 17 2014 | | Manuscript Accepted : Apr 22 2015 |
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