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In the model of Stark et al. (1997, 1998), the possibility of employment in a developed country raises the level of human capital acquired by workers in the developing country. We show that this result holds even when workers have the option to save. -- Human capital formation ; Savings ;...
Persistent link: https://www.econbiz.de/10009700329
We specify conditions under which a strictly positive probability of employment in a foreign country raises the level of human capital formed by optimizing workers in the home country. While some workers migrate, "taking along" more human capital than if they had migrated without factoring in...
Persistent link: https://www.econbiz.de/10009711659
This paper provides a novel explanation of “educated unemployment,” which is a salient feature of the labor markets in a number of developing countries. In a simple job-search framework we show that “educated unemployment” is caused by the perspective of international migration, that is,...
Persistent link: https://www.econbiz.de/10003737403
A framework that yields different possible patterns of migration as optimal solutions to a simple utility maximization problem is presented and explored. It is shown that seasonal migration arises as an optimal endogenous response to a comparison of costs (of living and of separation) and...
Persistent link: https://www.econbiz.de/10003737411
Persistent link: https://www.econbiz.de/10001594094
Persistent link: https://www.econbiz.de/10000988804
native laborers. In response to such sanctions, managers in a firm may be reassigned from the supervision of production to …. It is shown that when the sanctions are steep enough, a profit-maximizing firm will assign managers to verification … fraction of reassigned managers. If this efficiency is not high enough, the sanctions bring in their wake consequences that fly …
Persistent link: https://www.econbiz.de/10012586111
native laborers. In response to such sanctions, managers in a firm may be reassigned from the supervision of production to …. It is shown that when the sanctions are steep enough, a profit-maximizing firm will assign managers to verification … fraction of reassigned managers. If this efficiency is not high enough, the sanctions bring in their wake consequences that fly …
Persistent link: https://www.econbiz.de/10012623843
welfare of native laborers. In response to such sanctions, managers in a firm may be reassigned from the supervision of … unemployment. It is shown that when the sanctions are steep enough, a profit-maximizing firm will assign managers to verification … fraction of reassigned managers. If this efficiency is not high enough, the sanctions bring in their wake consequences that fly …
Persistent link: https://www.econbiz.de/10012603843
other skill type, say "managers," do not confer such an externality. We find that a uniform entry fee encourages self …-selection such that the migrants are only or mostly highly skilled managers. The (near) absence of migrant scientists has a negative … effect on the productivity of the country's workforce. Under a quota: the migrants are (a) only averagely skilled managers if …
Persistent link: https://www.econbiz.de/10011665686