Children as Economic Agents

Abstract

A generational perspective recognizes that children have preferences which may differ systematically from those of adults, and, furthermore, that a children's standpoint should be recognized by scholars and activists and incorporated into policy targeted at children and their families. Economics has not considered children as agents because of their lack of power relative to adults. The implications of recognizing children's agency are explored for the case of children's paid and unpaid labor force and household work.