%0 Report %A Doepke, Matthias %A Krüger, Dirk %T Origins and Consequences of Child Labor Restrictions: A Macroeconomic Perspective %D 2007 %8 2007 Dec %I Institute of Labor Economics (IZA) %C Bonn %7 IZA Discussion Paper %N 3259 %U https://www.iza.org/publications/dp3259 %X 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. %K education %K labor restrictions %K child labor