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China's latent human capital investment : achieving milestones and competing for the top
Constant, Amelie; Tien, Bienvenue N.; Zimmermann, Klaus F. - 2011
In this paper we provide an overview of China's human capital strategy and educational achievements over the last two … decades. While every one acknowledges China as an economic superpower, very few are aware of or realize China's notable … Chinese modern higher education system China has made tremendous strides in education both domestically and internationally …
Persistent link: https://www.econbiz.de/10009238510
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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
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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
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Selective migration and economic development : a generalized approach
Cha'Ngom, Narcisse; Deuster, Christoph; Docquier, Frédéric - 2023
International migration is a selective process that induces ambiguous effects on human capital and economic development in countries of origin. We establish the theoretical micro-foundations of the relationship between selective emigration and human capital accumulation in a multi-country...
Persistent link: https://www.econbiz.de/10014288247
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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
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Brain drain-induced brain gain and the Bhagwati tax : are early and recent paradigms compatible?
Schiff, Maurice W. - 2018
Based on a welfare-maximization model of skilled migration where education generates a positive externality, this paper examines whether the early view regarding brain drain's (BD) negative impact on source countries and the Bhagwati tax (BT) associated with it, is compatible with the recent...
Persistent link: https://www.econbiz.de/10011868679
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Globalization, brain drain and development
Docquier, Frédéric; Rapoport, Hillel - 2011
This paper reviews four decades of economics research on the brain drain, with a focus on recent contributions and on development issues. We first assess the magnitude, intensity and determinants of the brain drain, showing that brain drain (or high-skill) migration is becoming the dominant...
Persistent link: https://www.econbiz.de/10009235188
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Losing our minds? : new research directions on skilled migration and development
Clemens, Michael A. - 2015
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
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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