Human Capital and Savings in an OLG Economy with Migration Possibilities: A Theoretical Note

Authors

Lawrence B. Dacuycuy, De La Salle University, Manila, PhilippinesFollow
Dickson A. Lim, De La Salle University, Manila, PhilippinesFollow

JEL Classification System

F22, J22, J24

Abstract

In a theoretical study by Stark, Helmenstein, and Prskawetz (1998), the presence of migration possibilities may increase human capital formation. This note verifies the robustness of the said result by introducing savings as a choice variable in an overlapping generations model with migration possibilities. Results indicate that human capital formation will still increase provided that certain technical conditions are met.

Recommended Citation

Dacuycuy, Lawrence B. and Lim, Dickson A. (2014) "Human Capital and Savings in an OLG Economy with Migration Possibilities: A Theoretical Note," DLSU Business & Economics Review: Vol. 23: No. 2, Article 9.
DOI: https://doi.org/10.59588/2243-786X.1308
Available at: https://animorepository.dlsu.edu.ph/ber/vol23/iss2/9