On human capital formation with exit options: comment and new results
AbstractKatz and Rapoport (2005) conclude that with linear production technology and the possibility of unilateral migration, region-specific shocks may increase the average level of education. Previously, Poutvaara (2000) derived a corresponding result with Cobb-Douglas technology and migration which may go in both directions. This paper shows that the exit option may reduce human capital formation with a quadratic production technology.
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Bibliographic InfoArticle provided by Springer in its journal Journal of Population Economics.
Volume (Year): 21 (2008)
Issue (Month): 3 (July)
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Other versions of this item:
- Panu Poutvaara, 2006. "On Human Capital Formation with Exit Options: Comment and New Results," CESifo Working Paper Series 1648, CESifo Group Munich.
- Poutvaara, Panu, 2008. "On human capital formation with exit options: Comment and new results," Munich Reprints in Economics 19803, University of Munich, Department of Economics.
- Poutvaara, Panu, 2005. "On Human Capital Formation with Exit Options: Comment and New Results," IZA Discussion Papers 1903, Institute for the Study of Labor (IZA).
- F22 - International Economics - - International Factor Movements and International Business - - - International Migration
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
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