@TechReport{iza:izadps:dp3259, author={Doepke, Matthias and Krüger, Dirk}, title={Origins and Consequences of Child Labor Restrictions: A Macroeconomic Perspective}, year={2007}, month={Dec}, institution={Institute of Labor Economics (IZA)}, address={Bonn}, type={IZA Discussion Paper}, number={3259}, url={https://www.iza.org/publications/dp3259}, abstract={We investigate the positive and normative consequences of child-labor restrictions for economic aggregates and welfare. We argue that even though the laissez-faire outcome may be inefficient, there are usually better policies to cure these inefficiencies than the imposition of a child-labor ban. Given this finding, we investigate the potential political-economic reasons behind the emergence and persistence of child-labor legislation. Our investigation is based on a structural dynamic general equilibrium model that provides a coherent and uniform framework for our analysis.}, keywords={education;labor restrictions;child labor}, }