You Can't Take It with You? Immigrant Assimilation and the Portability of Human Capital
发现,移民在海外获得的教育和工作经验价值远低于国内获得的人力资本,这完全解释了以色列移民与本地人的收入差距,且移民后继续教育能提升海外学历的回报。
The national origin of an individual's human capital is a crucial determinant of its value. Education and labor market experience acquired abroad are significantly less valued than human capital obtained domestically. This difference can fully explain the earnings disadvantage of immigrants relative to comparable natives in Israel. Variation in the return to foreign schooling across origin countries may reflect differences in its quality and compatibility with the host labor market. The return to foreign experience is generally insignificant. Acquiring additional education following immigration appears to confer a compound benefit by raising the return to education acquired abroad. Copyright 2000 by University of Chicago Press.