Immigration Policy, Equilibrium Unemployment, and Underinvestment in Human Capital
We analyse the impact of different immigration policies on human capital investment in a search-theoretic model. This class of models features unemployment and underinvestment in human capital. The underinvestment in human capital can be solved by combining immigration policy with appropriate education subsidies. Extending the model with respect to different skill groups allows to analyse the observed bimodal skilled immigration of the USA. Copyright 2009 The Authors. Journal compilation CEIS, Fondazione Giacomo Brodolini and Blackwell Publishing Ltd. 2009.
Year of publication: |
2009
|
---|---|
Authors: | Lumpe, Christian ; Weigert, Benjamin |
Published in: |
LABOUR. - Centro di Studi Internazionali Sull'Economia e la Sviluppo (CEIS). - Vol. 23.2009, 1, p. 97-130
|
Publisher: |
Centro di Studi Internazionali Sull'Economia e la Sviluppo (CEIS) |
Saved in:
freely available
Saved in favorites
Similar items by person
-
The impact of unskilled immigration on local labour markets
Weigert, Benjamin, (2010)
-
Immigration, education and native wage inequality
Lumpe, Christian, (2010)
-
High skilled immigration and native educational decisions
Lumpe, Christian, (2009)
- More ...