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 InfoPaper provided by CESifo Group Munich in its series CESifo Working Paper Series with number 1648.
Date of creation: 2006
Date of revision:
human capital formation; migration; economic volatility;
Other versions of this item:
- Panu Poutvaara, 2008. "On human capital formation with exit options: comment and new results," Journal of Population Economics, Springer, vol. 21(3), pages 679-684, July.
- 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
- I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-01-29 (All new papers)
- NEP-EDU-2006-01-29 (Education)
- NEP-HRM-2006-01-29 (Human Capital & Human Resource Management)
- NEP-LAB-2006-01-29 (Labour Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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