The importance of human capital as a key source of value added, innovation and economic growth is widely acknowledged by both economists and policy-makers. Local governments can directly affect individuals’ decision making by subsidising human capital formation. The ability of a regional...

In this paper we study the allocation of time devoted to informal learning and education, i.e. those activities carried out during leisure time and outside formal education courses which boost individuals’ human and social capital. For immigrants the private investment in these activities is...

In this paper we show that highly skilled undocumented migrants are more likely to return home than migrants with low or no skills when illegality causes skill waste", i.e. when illegality reduces the rate of return of individual capabilities (i.e. skills and human capital) in both the labor and...

In this paper we show that highly skilled undocumented migrants are more likely to return home than migrants with low or no skills when illegality causes skill wasteʺ, i.e. when illegality reduces the rate of return of individual capabilities (i.e. skills and human capital) in both the labor...

In this paper we show that highly skilled undocumented migrants are more likely to return home than migrants with low or no skills when illegality causes quot;skill waste,quot; i.e., when illegality reduces the rate of return of individual capabilities (i.e., skills and human capital) in both...

The set of available local ‘capabilities' determines what an economy produces today (its static comparative advantage) and, at the same time, defines the trajectories that the process of structural change may take in the future. The Product Space (PS) framework developed in recent seminal...