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
Authors:	Poutvaara, Panu
Publisher:	Bonn : Institute for the Study of Labor (IZA)
Subject:	Humankapital \| Mobilität \| Bildungsinvestition \| Produktionsfunktion \| Migrationstheorie \| Theorie \| human capital formation \| migration \| economic volatility

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Series:	IZA Discussion Papers ; 1903
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	505020165 [GVK] hdl:10419/33541 [Handle]
Classification:	F22 - International Migration ; J24 - Human Capital; Skills; Occupational Choice; Labor Productivity ; I21 - Analysis of Education
Source:	EconStor

Persistent link: https://www.econbiz.de/10010267605