In this paper, we investigate through Monte Carlo simulations the behavior of the codependence testing procedure (Gouriéroux et Peaucelle [1989]) in small samples and in various usual statistical situations. Our results suggest that, except for the pure MA(q) case, important power losses may...

Recent theoretical studies suggest that migration prospects can raise the expected return to human capital and thus foster education investment at home or, in other words, induce a brain gain. In a recent paper we used the DOCQUIER and MARFOUK [2006] data set on emigration rates by education...