Showing 1 - 10 of 36
This paper studies a two-region model in which unemployment, education decisions and interregional migration are endogenous. The poorer region exhibits both lower wages and higher unemployment rates, and migrants to the richer region are disproportionally skilled. The brain drain from the poor...
Persistent link: https://www.econbiz.de/10005405804
In a global context foreign direct investment (FDI) and migration substitute one another in the matching process between workers and firms. However, as labor flows can lead to the formation of business networks, migration can actually facilitate FDI in the long-run. We first present a stylized...
Persistent link: https://www.econbiz.de/10005406045
Building on a new data set which is combined from national micro-data bases, we highlight differences in the structure of migrants to four countries, viz. France, Germany, the UK and the US, which receive a substantial share of all immigrants to the OECD world. Looking at immigrants by source...
Persistent link: https://www.econbiz.de/10005406154
migration there over the period 1971-2001. What we find is that the stock of foreign students is an important predictor of …
Persistent link: https://www.econbiz.de/10005416452
This work focuses on a temporary guest-worker-type migration of individuals from the middle class of the wealth distribution. The article demonstrates that the possibility of a low-skilled guest-worker employment in a higher wage foreign country lowers the relative attractiveness of the skilled...
Persistent link: https://www.econbiz.de/10009020797
In this note, we present a novel channel for a brain gain. Students from a developing country study in a developed host … country. A higher permanent migration probability of these students appears to be a brain drain for the developing country in … benefits accrue in this host country. A higher education quality raises in turn the human capital of the returning students. As …
Persistent link: https://www.econbiz.de/10008498995
This chapter begins by documenting that temporary migrations are not only very common, but that outmigration of immigrants is selective both in terms of migrants’ individual characteristics and their economic outcomes. We then examine the problems that arise when estimating immigrants’...
Persistent link: https://www.econbiz.de/10010739340
This paper presents a model of two countries competing for a pool of students from the rest of the world (ROW). In … between the countries increase with the income prospects in ROW and the number of international students. Higher stay rates of … foreign students lead to more ambiguous results. In particular, an increase in educational quality can be accompanied by a …
Persistent link: https://www.econbiz.de/10009020099
firms in China. Using a unique and detailed dataset on manufacturing firms in China, we are able to follow the changes in … location patterns of firms between 2002 and 2008. Our analysis shows that firms in China are more localized than in the UK or … state-owned firms. Our findings are consistent with the notion that China is increasingly liberalizing its economy, enabling …
Persistent link: https://www.econbiz.de/10010877721
This paper investigates the time-varying impact of oil price uncertainty on stock prices in China using weekly data on …
Persistent link: https://www.econbiz.de/10010877768