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A Nexus Between Child Labour and Microfinance: An Empirical Investigation
Author(s) -
Chakrabarty Sayan
Publication year - 2015
Publication title -
economic papers: a journal of applied economics and policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.245
H-Index - 19
eISSN - 1759-3441
pISSN - 0812-0439
DOI - 10.1111/1759-3441.12098
Subject(s) - nexus (standard) , microfinance , child labour , economics , business , economic growth , engineering , metallurgy , materials science , embedded system , gold mining
This research aims to discover whether access to microinsurance might make any difference for the microcredit receivers in reducing child labour by decomposing households into three broad groups: microcredit participants with microinsurance, microcredit participants without microinsurance and non‐participants of microcredit and microinsurance. In extremely poor households, quasi health and/or microlife insurance in combination with microcredit have a significant effect of reducing child labour. In moderately poor households, microinsurance does not make any difference in determining child labour. Microfinance has no role in determining child labour in households above the poverty level.