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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/19112| Title: | On human capital formation with exit options : comment and new results |
| Keywords: | I21 J24 F22 ddc:330 human capital formation migration economic volatility Humankapital Bildungsinvestition Mobilität Produktionsfunktion Migrationstheorie Theorie |
| Issue Date: | 16-Oct-2013 |
| Publisher: | |
| Description: | 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. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/19112 |
| Other Identifiers: | http://hdl.handle.net/10419/19112 ppn:510011217 |
| Appears in Collections: | EconStor |
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