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Human capital investment under exit options : evidence from a natural quasi-experiment

Chand, Satish; Clemens, Michael A. - 2019

Theory suggests that groups historically subject to discrimination, such as Jews, could exhibit traditionally high investment in education because discrimination spurred exit facilitated by human capital. Theory moreover suggests that if exit is uncertain, it could induce investment in skill...

Persistent link: https://www.econbiz.de/10011985775

Ability drain

Schiff, Maurice W. - 2015

Is ability drain (AD) economically significant? That immigrants or their children founded over 40% of the Fortune 500 US companies suggests it is. Moreover, brain drain (BD) induces a brain gain (BG). This cannot occur with ability. Nonetheless, while BD has been studied extensively, AD drain...

Persistent link: https://www.econbiz.de/10011407693

Brain refrain and human capital formation in Spain

Blanco-Álvarez, Jose; Parsons, Christopher R.; Tang, … - 2022

We examine how low and high skilled internal emigration causally affect investments in human capital at origin. We provide theoretical and empirical evidence of a disincentive mechanism through which individuals refrain from education should low skilled emigration prove a viable alternative. Our...

Persistent link: https://www.econbiz.de/10013273949

Brain circulation and spatial mobility of knowledge in Southeast Europe

Stankovic, Mirjana; Angelova, Biljana; Janeska, Verica; … - In: The international journal of management science and … (2014) 13, pp. 15-41

The correlation among agglomeration, externalities, and human capital growth is a question that requires extensive empirical and analytical investigation. This article hypothesizes that entities that cluster in geographic space take advantage of external economies and develop more rapidly than...

Persistent link: https://www.econbiz.de/10010474482

Best and brightest? : the impact of student visa restrictiveness on who attends college in the US

Chen, Mingyu; Howell, Jessica; Smith, Jonathan - 2020

Persistent link: https://www.econbiz.de/10012214466

Optimal education policy and human capital accumulation in the context of brain drain

Djajić, Slobodan; Docquier, Frédéric; Michael, Michael S. - 2018

This paper revisits the question of how brain drain affects the optimal education policy of a developing economy. Our framework of analysis highlights the complementarity between public spending on education and students' efforts to acquire human capital in response to career opportunities at...

Persistent link: https://www.econbiz.de/10011910685

Externalities, human capital formation, and corrective migration policy

Stark, Oded; Wang, Yong - 1999

Wenn die Förderung der Produktivität sowohl durch das individuelle Humankapital als auch durch das durchschnittliche … gesamtwirtschaftliche Humankapital bestimmt wird, sind individuelle Investitionen in die Ausbildung suboptimal. Eine streng positive … Individuen im Heimatland zurückzuführen ist, als auch das durchschnittliche Humankapital der im Heimatland verbleibenden …

Persistent link: https://www.econbiz.de/10011578516