On human capital formation with exit options comment and new results
Literaturverz. S. 5
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| Format: | UnknownFormat |
| Sprache: | eng |
| Veröffentlicht: |
Munich
Univ., Center for Economic Studies u.a.
2006
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| Schriftenreihe: | CESifo working paper series Labour markets
1648 |
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Tag hinzufügen | Zusammenfassung: | Literaturverz. S. 5 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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| Beschreibung: | 5 S. |