Publisher Summary This chapter reviews recent advances in the empirical literature on the
role that households and families play in investing in human resources. It describes the …

Publisher Summary This chapter focuses on schooling, as an investment with market returns
is not intended to detract from the importance of education as a public good and as a source …

Higher wages are generally thought to increase human capital production, particularly in the
developing world. We introduce a simple model of human capital production in which …

An analysis of endemic deprivation in India and of the role of public action in addressing that
problem. The analysis is based on a broad view of economic development, focusing on …

Cross-country labor productivity differences are larger in agriculture than in non-agriculture.
We propose a new explanation for these patterns in which the self-selection of …

This book presents policy options for improving the effectiveness and availability of schools
in developing countries. Improving educational effectiveness is defined as increasing the …

The paper brings together the abundant and somewhat anarchic literature on child labor,
isolating its central findings and analytical insights. The investigation is especially directed at …

Prior to 1800, living standards in world economies were roughly constant over the very long
run: per capita wage income, output, and consumption did not grow. Modern industrial …

Bodies intrigue us. They promise windows into the past that other archaeological finds
cannot by bringing us literally face to face with history. Yet'the body'is also highly contested …

The identity of the people engaged in a transaction is a major determinant of the institutional
mode of transaction. The family is the locale of transactions in which identity dominates; …