Schooling, Experience, and Gains and Losses in Human Capital through Migration

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Abstract
Application of human capital concepts to migration holds promise, not only for calculating “gains and losses,” but also for conceptualizing and analyzing empirically both individual and social investment choices regarding the locus, duration, and sequences of schooling and experiential learning. In discussing aggregative measures, stress is placed upon the desirability of assessing gross flows, of properly disaggregating migrant populations (including attention to locus of schooling and experience) before attaching human capital values, and of sorting out the substantial remigration component in migration figures. Taking into account the existence of differentiated markets in which people sell their services leads to speculations concerning the role of “package migration” and remigration in diffusion of skills and know-how. The cost-benefit models presented are human investment models which begin with an individual viewpoint but which are transformed into social decision models as parameters are ...

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