On human capital formation with exit options
Subtitle: comment and new results
By: by Panu Poutvaara.
Series: Discussion paper ;; no. 1903; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) ;; no. 1903
Publisher: IZA
Published: 2005
Place of publication: Bonn, Germany
Language: eng
Format: Electronic resource
Subjects: Human capital.; Production (Economic theory); Technology.
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"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 12/21/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.