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Population Sorting and Human Capital Accumulation
- Publication Year :
- 2021
- Publisher :
- Munich: Center for Economic Studies and ifo Institute (CESifo), 2021.
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Abstract
- This article analyzes the effect of population sorting on economic growth. The analysis is performed in a two-region growth model with endogenous fertility, in which public knowledge spillovers from the more advanced core into children's human capital accumulation function in the periphery are incorporated. I show how migration affects the inter-temporal evolution of human capital in each of the regions and the economy as a whole. I also discuss how public policy interventions can help increase the per-capita human capital levels, if free uncontrolled migration leads to a reduction in human capital accumulation.
Details
- Language :
- English
- Database :
- OpenAIRE
- Accession number :
- edsair.od......1687..78e444d1371816cb02fa52a44f12639d