Question

What is human capital approach of migration

Answer 1

Answer:

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Explanation:

The human capital approach to economic evaluation places a monetary value on loss of health as the lost value of economic productivity due to ill health, disability, or premature mortality. ... For example, in the United States, it is conventional to assume that future labor productivity will increase at 1% per year.

Answer 2

Answer:

According to human capital theory, people move if the discounted values of expected re- turns to individual human capital - reduced by migration costs - are bigger in the immigration than in the home country.

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