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Revisiting the Family Investment Hypothesis

Cobb-Clark, Deborah; Crossley, Thomas


The family investment hypothesis predicts that credit-constrained immigrant families adopt a strategy for financing post-migration human capital investment in which the "primary worker" engages in investment activities and the other partner undertakes activities that finance consumption. Empirical tests of this hypothesis have assumed that the primary worker is the male partner. Many immigrants to Australia are admitted through a "points test" which assigns points for productive skills. Once a...[Show more]

CollectionsANU Research Publications
Date published: 2004
Type: Journal article
Source: Labour Economics
DOI: 10.1016/j.labeco.2003.05.002


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