On Human Capital Formation with Exit Options: Comment and New Results

Panu Poutvaara

No 1648, CESifo Working Paper Series from CESifo

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.

Keywords: human capital formation; migration; economic volatility (search for similar items in EconPapers)
JEL-codes: F22 I21 J24 (search for similar items in EconPapers)
Date: 2006
New Economics Papers: this item is included in nep-edu, nep-hrm and nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.cesifo.org/DocDL/cesifo1_wp1648.pdf (application/pdf)

Related works:
Journal Article: On human capital formation with exit options: comment and new results (2008)
Working Paper: On human capital formation with exit options: Comment and new results (2008)
Working Paper: On Human Capital Formation with Exit Options: Comment and New Results (2005)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_1648

Access Statistics for this paper

More papers in CESifo Working Paper Series from CESifo Contact information at EDIRC.
Bibliographic data for series maintained by Klaus Wohlrabe ().