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Financial Constraints, Endogenous Educational Choices and Self-Selection of Migrants

Brazilian Review of Econometrics

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Field Value
 
Title Financial Constraints, Endogenous Educational Choices and Self-Selection of Migrants
Financial Constraints, Endogenous Educational Choices and Self-Selection of Migrants
 
Creator Assunção, Juliano Junqueira; PUC-Rio
Carvalho, Leandro; University of Southern California
 
Subject migration, financial constraints, self-selection, human capital
O15, O16, R23


 
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.

 
Publisher Sociedade Brasileira de Econometria
 
Contributor

 
Date 2013-11-24
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion


 
Format application/pdf
 
Identifier http://bibliotecadigital.fgv.br/ojs/index.php/bre/article/view/19280
10.12660/bre.v33n22013.19280
 
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
 
Language eng
 
Relation http://bibliotecadigital.fgv.br/ojs/index.php/bre/article/view/19280/31453