Poutvaara, Panu
(2006):
On human capital formation with exit options: Comment and new results.
CESifo Working Paper,
External fulltext: http://hdl.handle.net/10419/19112
Abstract
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.
| Item Type: | Paper |
|---|---|
| Faculties: | Economics Economics > Chairs > CESifo-Professorship for International Institutional Comparisons |
| Subjects: | 300 Social sciences > 330 Economics |
| Language: | English |
| Item ID: | 19361 |
| Date Deposited: | 15. Apr 2014 08:50 |
| Last Modified: | 29. Apr 2016 09:16 |
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