Financial Constraints, Endogenous Educational Choices and Self-Selection of Migrants
Brazilian Review of Econometrics
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Title |
Financial Constraints, Endogenous Educational Choices and Self-Selection of Migrants
Financial Constraints, Endogenous Educational Choices and Self-Selection of Migrants |
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Creator |
Assunção, Juliano Junqueira; PUC-Rio
Carvalho, Leandro; University of Southern California |
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Subject |
migration, financial constraints, self-selection, human capital
O15, O16, R23 — — |
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Description |
The Roy model predicts that migrants will be disproportionately drawnfrom the lower half of the educational distribution of the sending country if the sending country has a higher return to schooling. However, Mexican immigrants in the U.S. tend to be disproportionately drawn from the middle of the distribution. We argue that financial constraints may explain why. We study migrants' selectivity when agents that face credit constraints make joint decisions about how much to invest in education and whether to migrate. Our results show that financial constraints can explain the intermediate selection of migrants observed in the data.
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Publisher |
Sociedade Brasileira de Econometria
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Contributor |
—
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Date |
2013-11-24
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — — |
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Format |
application/pdf
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Identifier |
http://bibliotecadigital.fgv.br/ojs/index.php/bre/article/view/19280
10.12660/bre.v33n22013.19280 |
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Source |
Brazilian Review of Econometrics; Vol 33, No 2 (2013); 99-122
Brazilian Review of Econometrics; Vol 33, No 2 (2013); 99-122 1980-2447 |
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Language |
eng
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Relation |
http://bibliotecadigital.fgv.br/ojs/index.php/bre/article/view/19280/31453
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