choose the non-professional education track. Those who might have otherwise pursued higher, professional education may forgo … that schooling. The theory developed here explains the forsaken schooling phenomenon, which shows that low-skilled and … education since, they will be overqualified in the host country. This will have a long run affect. As time goes on, therefore …

system consists of the households, production sector, resource sector and education sector. We take account of three ways of … improving human capital: Arrow's learning by producing (Arrow, 1962), Uzawa's learning by education (Uzawa, 1965), and Zhang … equilibrium points and motion of the dynamic system. We also examine effects of changes in the productivity of the resource sector …