Nonlinear Neighborhood Interactions and Intergenerational Transmission of Human Capital.

Ioannides, Yannis Menelaos.
2000

The paper develops a model of the intergenerational transmission of human capital that reflects both individual choice and neighborhood interactions. It implies a law of motion for human capital that under certain conditions exhibits multiple equilibria that differ in terms of stability. As a result, the distribution of human capital across the population in the long run may not collapse into a si... read more

Subjects
Human capital.
Neighborhoods--Economic aspects.
Social interaction--Economic aspects.
Economics--Sociological aspects.
Tufts University. Department of Economics.
Permanent URL
http://hdl.handle.net/10427/008992
Original publication
Ioannides, Yannis M. "Nonlinear Neighborhood Interactions and Intergenerational Transmission of Human Capital." In Essays in Economic Theory, Growth and Labour Markets: A Festschrift in Honor of Emmanuel Drandakis, edited by George Bitros and Yannis Katsoulakos, 75-112. Cheltenham, UK: Edward Elgar, 2002.
ID: tufts:16916
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