Family decision of investment in human capital and migration in a model of spatial agglomeration
نویسنده
چکیده
This paper analyzes human capital investment decision and location choice, focusing on the intergenerational interactions within a family in an economy where geographic concentrations of high technology industries and high-level service sectors are proceeding. For highly educated young adults searching for job opportunities is much more frequently accompanied by long distance migrations, sometimes beyond the national border. That discourages parents to invest in human capital for their children. Public human capital investment decision is also discussed.
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