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Persistent link: https://www.econbiz.de/10014384806
This paper critiques the last decade of research on the effects of high-skill emigration from developing countries, and proposes six new directions for fruitful research. The study singles out a core assumption underlying much of the recent literature, calling it the Lump of Learning model of...
Persistent link: https://www.econbiz.de/10011307889
High-skilled workers are four times more likely to migrate than low-skilled workers. This skill bias in migration - often called brain drain - has been at the center of a heated debate about the welfare consequences of emigration from developing countries. In this paper, we provide a global...
Persistent link: https://www.econbiz.de/10011551902
Brain drain BD, human capital h, and inequality's institutional impact is examined in a model where a rent-seeking elite taxes residents and voicing affects the likelihood of regime change. We find that BD and h's impact on institutional quality (Q) are as follows: i) Q is a U-shaped function of...
Persistent link: https://www.econbiz.de/10012548126
Brain drain BD, human capital h, and inequality's institutional impact is examined in a model where a rent-seeking elite taxes residents and voicing affects the likelihood of regime change. We find that BD and h's impact on institutional quality (Q) are as follows: i) Q is a U-shaped function of...
Persistent link: https://www.econbiz.de/10012550218
We consider how the possibility of international migration affects an individual’s educational choices in their home country. Without the opportunity to emigrate abroad people choose their educational investment (and hence their skill level) as we might expect, taking into account the utility...
Persistent link: https://www.econbiz.de/10012311042
Persistent link: https://www.econbiz.de/10011629347
This contribution investigates the opportunities of migration for developing countries. The benefits of migration for sending countries are often undervalued. But migrants may foster trade, remittances, innovations, investments back home, and even return home at some time with better human...
Persistent link: https://www.econbiz.de/10012114016
Migration decisions affect those left-behind in ways that are partly taken into account by market forces (e.g., wage effects on labour markets) and for the most part these can be seen as pure externalities. Diasporas are an example of such an externality. This paper reviews the recent economic...
Persistent link: https://www.econbiz.de/10011806518
Though a net brain gain has tended to be seen as a benefit and referred to as a 'beneficial brain drain' in the literature, its welfare impact for source country residents - or non-migrants - is at best ambiguous. Increased educational investment in response to a brain drain is equivalent to a...
Persistent link: https://www.econbiz.de/10011849103