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ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >
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http://hdl.handle.net/10419/19112
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| Title: | | On human capital formation with exit options : comment and new results  |
| Authors: | | Poutvaara, Panu |
| Issue Date: | | 2006 |
| Series/Report no.: | | CESifo working papers 1648 |
| 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. |
| Subjects: | | human capital formation migration economic volatility |
| JEL: | | I21 J24 F22 |
| Document Type: | | Working Paper |
| Appears in Collections: | | CESifo Working Papers, CESifo Group Munich
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