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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 the first place. However, it induces the host...
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 equilibrium, one country offers high educational quality for high tuition fees, while the other country provides a low quality and charges low fees. The quality in the high quality...
Persistent link: https://www.econbiz.de/10009020099
In this note, we show that labour market integration can be a double-edged sword. In the presence of local human capital externalities, integration and the ensuing agglomeration of skilled labour can cause a decline in human capital and the total wage sum (net of education costs). In particular,...
Persistent link: https://www.econbiz.de/10008671737
The German Federal government has allowed some regions (Approved Local Providers) to be solely responsible for the care of long-term unemployed. The remaining regions had to form Joint Local Agencies, where the local social benefit administrations work together with the local public employment...
Persistent link: https://www.econbiz.de/10009024843
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
euro-dollar rate, whatever the exchange-rate regime of China. Moving to a dynamic, stock-flow framework, we show that the …
Persistent link: https://www.econbiz.de/10010877786
We investigate the relationship between unemployment and growth in China. We find considerable differences in the … China, furthermore, appears to be close to the level associated with optimal speed of transition. …
Persistent link: https://www.econbiz.de/10010877790
China has been provoked into speeding renmnibi internationalization. But despite rapid growth in offshore financial … could attract even more hot money inflows, the People’s Bank of China should focus on tightly stabilizing the yuan/ dollar … exchange rate to encourage naturally high wage increases for balancing China’s international competitiveness. …
Persistent link: https://www.econbiz.de/10010877868