On Human Capital Formation with Exit Options: Comment and New Results

Katz 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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Year of publication:	2005-12
Authors:	Poutvaara, Panu
Institutions:	Institute for the Study of Labor (IZA)
Subject:	human capital formation \| migration \| economic volatility

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Extent:	application/pdf
Series:	IZA Discussion Papers.
Type of publication:	Book / Working Paper
Notes:	Number 1903 8 pages
Classification:	F22 - International Migration ; J24 - Human Capital; Skills; Occupational Choice; Labor Productivity ; I21 - Analysis of Education
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005822845