Globalization and Investment in Human Capital
AbstractWorkers are becoming increasingly concerned about the impact that globaliza- tion has on their domestic labor market. While existing research typically focuses on the effects on labor market outcomes such as wages and employment, we examine whether American workers respond to globalization by increasing their investment in human capital. Specifically, we measure the extent to which offshoring and immigra- tion affect enrollment at institutions of higher education. The results indicate that both offshoring and immigration increase enrollment at community colleges, particu- larly among older students. We conclude that workers in the U.S. are responding to offshoring and immigration by acquiring the skills necessary to compete in a global economy.
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Bibliographic InfoPaper provided by Department of Economics, Williams College in its series Department of Economics Working Papers with number 2010-16.
Length: 39 pages
Date of creation: Apr 2010
Date of revision:
Publication status: Published in Industrial and Labor Relations Review, 2011, Vol. 64(4): 652-670
Other versions of this item:
- F16 - International Economics - - Trade - - - Trade and Labor Market Interactions
- I2 - Health, Education, and Welfare - - 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-2010-10-23 (All new papers)
- NEP-CBA-2010-10-23 (Central Banking)
- NEP-MAC-2010-10-23 (Macroeconomics)
- NEP-MON-2010-10-23 (Monetary Economics)
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