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Financial development, the structure of capital markets, and the global digital divide

✍ Scribed by Charles Amo Yartey

Book ID: 116571251
Publisher: Elsevier Science
Year: 2008
Tongue: English
Weight: 190 KB
Volume: 20
Category: Article
ISSN: 0167-6245
DOI: 10.1016/j.infoecopol.2008.02.002

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## Abstract This paper examines the link between development of financial capital markets, old‐security and fertility, when child labour is prevalent. The model demonstrates that when returns from financial capital markets increase, fertility levels and investment in children's schooling are reduce