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(And in this context it is worth noting that traded goods include com- modities like rice which are subject to price controls; the non-traded goods component has relatively few
We then advocate a simple approach to model the wife’s labor supply, in which the wife’s behavior is explained by her wage rate, other house- hold incomes, sociodemographic
Moreover, our model suggests that if investments in specific human capital, S, increase as the return to general human capital in the labor market increases, we should see an
Indeed, our results seem to suggest that tariff reductions have induced positive income effects and reduced poverty, eventually leading to a reduction in rural child labor..
We find that household characteristics associated with higher permanent income and wealth (or with less dependence on child’s income) are associated with lower incidence of child
15 Although the policy increased the incentives for institutions to raise student charges, public colleges experienced a relative 3 percent decrease in real list tuition
Using com- mon methods to estimate men’s labor supply functions and using our interpretation of the size of the wage-hours tie, we find that the hours response to a change in
The coupling of a fatality risk level that is higher than that of other worker groups with less total wage compensation for these risks is consistent with a model of segmented