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This paper presents a model of inequality, income determination and fertility, that is consistent with aggregated stylized facts and individual survey data on fertility and income. It shows that indivisibilities in human capital investments limit the possibility of trade-off between the quality...
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In this article, we use an econometric model to forecast human capital levels and skilled migration rates in all the regions of the world. Given the trends in educational attainment, our simulations reveal that the average world brain drain should decrease in the following decades, at least if...
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