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:	2006
Authors:	Poutvaara, Panu
Publisher:	Munich : Center for Economic Studies and ifo Institute (CESifo)
Subject:	Humankapital \| Bildungsinvestition \| Mobilität \| Produktionsfunktion \| Migrationstheorie \| Theorie \| human capital formation \| migration \| economic volatility

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Series:	CESifo Working Paper ; 1648
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	510011217 [GVK] hdl:10419/19112 [Handle]
Classification:	I21 - Analysis of Education ; J24 - Human Capital; Skills; Occupational Choice; Labor Productivity ; F22 - International Migration
Source:	EconStor

Persistent link: https://www.econbiz.de/10010261404