TY  - UNPD
A1  - Hendricks, Lutz
A1  - Schoellman, Todd
T1  - Human capital and development accounting: new evidence from wage gains at migration
T2  - Center for Financial Studies (Frankfurt am Main): CFS working paper series ; No. 557
N2  - We reconsider the role for human capital in accounting for cross-country income differences. Our contribution is to bring to bear new data on the pre- and post- migration labor market experiences of immigrants to the U.S. Immigrants from poor countries experience wage gains that are only 40 percent of the GDP per worker gap, which implies that “country" accounts for 40 percent of income differences, while human capital accounts for 60 percent. Our approach handles selection by comparing the wage of the same individual in two different countries. We also provide evidence on and a correction for skill transfer.
T3  - CFS working paper series - 557 
Y1  - 2016
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/42075
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-420754
UR  - https://ssrn.com/abstract=2869151
IS  - March 2016
PB  - Center for Financial Studies
CY  - Frankfurt, M.
ER  -