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Global Financial Crisis, Credit Access and Children: Evidence from Tanzania
Hany Abdel-Latif,
Philip D. Murphy,
Bazoumana Ouattara,
Hany Mohamed
SSRN Electronic Journal
Swansea University Author: Hany Mohamed
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DOI (Published version): 10.2139/ssrn.3091564
Abstract
We employ the difference-in-differences framework to examine households' access to credit as a possible transmission channel of the global financial crisis to child labor in Tanzania. To deal with the endogeneity of access to credit, we propose a new instrument that considers the regional conce...
| Published in: | SSRN Electronic Journal |
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| ISSN: | 1556-5068 |
| Published: |
2017
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| Online Access: |
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| URI: | https://cronfa.swan.ac.uk/Record/cronfa51897 |
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| Abstract: |
We employ the difference-in-differences framework to examine households' access to credit as a possible transmission channel of the global financial crisis to child labor in Tanzania. To deal with the endogeneity of access to credit, we propose a new instrument that considers the regional concentration of available micro-finance institutions and the number of households' assets. Our instrument incorporates information on both demand and supply sides of credit access irrespective of whether a household has received credit. The empirical results reveal that a negative shock on credit-recipient households is associated with a significant increase in child labor in Tanzania. |
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| Keywords: |
global financial crisis, child labor, credit access, Tanzania |
| College: |
Faculty of Humanities and Social Sciences |