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Title: Life-Cycle Human Capital Accumulation across Countries: Lessons from US Immigrants

Citation Type: Journal Article

Publication Year: 2018

ISSN: 1932-8575

DOI: 10.1086/697245

Abstract: This paper assesses crosscountry variation in life-cycle human capital accumulation , using new evidence from US immigrants. The returns to experience accumulated in an immigrant's birth country before migrating are positively correlated with birth-country GDP per capita. To understand this fact, we build a model of life-cycle human capital accumulation that features three potential theories: differential human capital accumulation, differential selection, and differential skill loss. We use new data on the characteristics of immigrants and nonmigrants from a large set of countries to distinguish between these theories. The most likely theory is that immigrants from poor countries accumulate less human capital in their birth countries before migrating. Our findings imply that life-cycle human capital stocks are much larger in rich countries.

Url: http://www.journals.uchicago.edu/t-and-c

Url: https://www.journals.uchicago.edu/doi/10.1086/697245

User Submitted?: No

Authors: Lagakos, David; Moll, Benjamin; Porzio, Tommaso; Qian, Nancy; Schoellman, Todd

Periodical (Full): Journal of Human Capital

Issue: 2

Volume: 12

Pages: 305-342

Data Collections: IPUMS USA

Topics: Migration and Immigration

Countries: United States

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