Relative Affluence and Child Labor-Explaining a Paradox
نویسندگان
چکیده
منابع مشابه
The Luxury Axiom, the Wealth Paradox, and Child Labor
Basu and Van (1998) present a fundamental framework of child labor with two important axioms: the luxury axiom and the substitution axiom. A number of empirical studies, however, reveal a “wealth paradox”. The current paper has two aims. First, it develops a model that provides an explanation for “the wealth paradox” in light of the luxury axiom and the substitution axiom. Second, it helps unde...
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ژورنال
عنوان ژورنال: Review of Development Economics
سال: 2017
ISSN: 1363-6669
DOI: 10.1111/rode.12304