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

Panu Poutvaara

No 1903, IZA Discussion Papers from Institute of Labor Economics (IZA)

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: migration; human capital formation; economic volatility (search for similar items in EconPapers)
JEL-codes: F22 I21 J24 (search for similar items in EconPapers)
Pages: 8 pages
Date: 2005-12
New Economics Papers: this item is included in nep-hrm
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Published - published in: Journal of Population Economics, 2008, 21 (3), 679-684

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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 (2006)
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