K
Kaushik Basu
Researcher at Cornell University
Publications - 331
Citations - 13456
Kaushik Basu is an academic researcher from Cornell University. The author has contributed to research in topics: Poverty & Wage. The author has an hindex of 54, co-authored 323 publications receiving 13030 citations. Previous affiliations of Kaushik Basu include Brookings Institution & Harvard University.
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The Economics of Child Labor
Kaushik Basu,Van H. Pham +1 more
TL;DR: This paper showed that the assumption about parental decision-making coupled with the assumption of substitutability in production between child and adult labor could result in multiple equilibria in the labor market, with one equilibrium where children work and another where adult wage is high and children do not work.
Posted Content
The Economics of Child Labor
Kaushik Basu,Van H. Pham +1 more
TL;DR: The authors showed that the assumption about parental decision making, coupled with the assumption of substitutability in production between child and adult labor, could result in multiple equilibria in the labor market, with one equilibrium where children work and another where adult wage is high and children do not work.
Posted Content
Child Labor: Cause, Consequence, and Cure, with Remarks on International Labor Standards
TL;DR: Basu et al. as mentioned in this paper argue that, in some economies, the market for labor may exhibit multiple equilibria, with one equilibrium having low adult wage and a high incidence of child labor and another equilibrium exhibiting high adult wage, and no child labor.
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Child labor : cause, consequence, and cure, with remarks on International Labor Standards
TL;DR: In this paper, an analytical survey of the literature on child labor is provided keeping in mind that this is an area where the primary reason for theorizing is ultimately to influence policy.
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Gender and Say: a Model of Household Behaviour with Endogenously Determined Balance of Power*
TL;DR: In this article, the authors define a household equilibrium, examining its game-theoretic properties and drawing out its testable implications for female labor supply, showing that children will be less likely to work in a household where power is evenly balanced, than one in which all power is concentrated in the hands of either the father or the mother.