Real Impact of Migration

This study does not simply count the number of migrants, it also examines the attributes of migrants to determine the human capital, or productive skills, they possess and are willing to provide to the market. Each person, due to characteristics such as education and work experience, has a different level of skill. While there is no way to identify exactly how much human capital a person possesses since no person is the same as another, these characteristics heavily influence the human capital stock of individuals. To develop a comprehensive measure of human capital stock, this study considers an array of characteristics which influence human capital stocks, including education attainment, work experience, health, and other variables such as marital status which can influence the opportunity and pressure individuals face to accumulate human capital.