Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/19112
Authors: 
Poutvaara, Panu
Year of Publication: 
2006
Series/Report no.: 
CESifo Working Paper 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

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