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Katz and Rapoport (2005) conclude that with linear production technology and the possibility of unilateral migration … result with Cobb-Douglas technology and migration which may go in both directions. This paper shows that the exit option may …
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Katz and Rapoport (2005) conclude that with linear production technology and the possibility of unilateral migration … result with Cobb-Douglas technology and migration which may go in both directions. This paper shows that the exit option may …
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Katz and Rapoport (2005) conclude that with linear production technology and the possibility of unilateral migration … 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. -- human capital formation ; migration ; economic …
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