01708cas a2200241 a 4500 AALejournalIMF001997 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451854626 1018-5941 BD-DhAAL BD-DhAAL Ramcharan, Rodney. Migration and Human Capital Formation : Theory and Evidence From the U.S. High School Movement / Rodney Ramcharan. Washington, D.C. : International Monetary Fund, 2002. 1 online resource (39 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students In 1910, 12 percent of American 14-17 year olds were enrolled in high school; by 1930, enrollment had increased to 50 percent; enrollment in Britain was 12 percent in 1950. This paper argues that by increasing the skill premium, the massive inflows of European unskilled immigrants at the turn of the twentieth century engendered America's sharp rise in human capital investment. The increased enrollments raised the supply of schools, leading to continued schooling investment. Cross section evidence and a VAR analysis of the time series data support the hypothesized role of immigration in generating the high school movement. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2002/123 Full text available on IMF http://elibrary.imf.org/view/journals/001/2002/123/001.2002.issue-123-en.xml IMF e-Library