Temporary migration, human capital, and language fluency of migrants
The human capital investment of immigrants whose duration in the host country is limited either by contract or by choice was investigated. A model was developed which distinguished between temporary migrations and exogenous or optimally chosen return time. Specifically, the model tested the hypothesis that country specific human capital investments are sensitive to the duration in the host country's labor situation. The results showed that the acquisition of language capital affects the intended duration in the host country.
Publication Name: Scandinavian Journal of Economics
Tax rates and tax revenues in a model of growth through human capital accumulation
Tax rates are too high when an increase in tax rates leads to lower tax revenues. In such cases, it is left to economists to determine the level of taxation at which revenues can be maximized. One way to determine the impact of tax rates on tax revenues is by using a model of growth based on human capital accumulation. Such a model would show that the growth-reducing effects of taxation have a moderate but significant effect on lowering the revenue-maximizing rate of taxation.
Publication Name: Journal of Monetary Economics
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