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Migration and Human Capital Formation : Theory and Evidence From the U.S. High School Movement
Ramcharan, Rodney - 2002
In 1910, 12 percent of American 14-17 year olds were enrolled in high school; by 1930, enrollment had increased to 50 percent; enrollment in Britain was 12 percent in 1950. This paper argues that by increasing the skill premium, the massive inflows of European unskilled immigrants at the turn of...
Persistent link: https://www.econbiz.de/10014399647
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Institutional Development : Skill Transference Through a Reversal of ""Human Capital Flight"" or Technical Assistance
International Monetary Fund - 1997
country, while brain drain repatriation seeks to effect a return of skills that might have been lost in migration. We show …
Persistent link: https://www.econbiz.de/10014400864
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Emigration and Brain Drain : Evidence From the Caribbean
Mishra, Prachi - 2006
This paper quantifies the magnitude and nature of migration flows from the Caribbean and estimates their costs and … migration rates are particularly striking for the highskilled. Many countries have lost more than 70 percent of their labor … force with more than 12 years of completed schooling-among the highest emigration rates in the world. The region is also the …
Persistent link: https://www.econbiz.de/10014402983
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How Big is the Brain Drain?
Carrington, William - 1998
, Barro and Lee’s data set on educational attainment, and OECD migration data. Although still tentative in many respects …
Persistent link: https://www.econbiz.de/10014403376
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Why U.S. immigration matters for the global advancement of science
Agarwal, Ruchir; Ganguli, Ina; Gaulé, Patrick; Smith, Geoff - 2021
This paper studies the impact of U.S. immigration barriers on global knowledge production. We present four key findings. First, among Nobel Prize winners and Fields Medalists, migrants to the U.S. play a central role in the global knowledge network-representing 20-33% of the frontier knowledge...
Persistent link: https://www.econbiz.de/10012518315
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Exchange Rates and Wages in an Integrated World
Spilimbergo, Antonio - 2009
We analyze how the pass-through from exchange rate to domestic wages depends on the degree of integration between domestic and foreign labor markets. Using data from 66 countries over the period 1981–2005, we find that the elasticity of domestic wages to real exchange rate is 0.1 after a year...
Persistent link: https://www.econbiz.de/10014403912
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Global Aging and Fiscal Policy with International Labor Mobility : A Political Economy Perspective
Tosun, Mehmet S. - 2005
This paper uses an overlapping generations model with international labor mobility and a politically responsive fiscal policy to examine aging in developed and developing regions. Migrant workers change the political structure composed of young and elderly voters in both labor-receiving and...
Persistent link: https://www.econbiz.de/10014400088
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The U.S. oil supply revolution and the global economy
Mohaddes, Kamiar; Raissi, Mehdi - 2015
This paper investigates the global macroeconomic consequences of falling oil prices due to the oil revolution in the United States, using a Global VAR model estimated for 38 countries/regions over the period 1979Q2 to 2011Q2. Set-identification of the U.S. oil supply shock is achieved through...
Persistent link: https://www.econbiz.de/10011445835
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Implementing the United States' domestic and international climate mitigation goals : a supportive fiscal policy approach
Parry, Ian W. H. - 2021
The United States has pledged to become carbon neutral by 2050, meet sectoral objectives (e.g., for carbon free power, electric vehicles) and encourage greater mitigation among large emitting countries and of international transportation emissions. Fiscal policies at the national, sectoral, and...
Persistent link: https://www.econbiz.de/10012518755
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Risks and vulnerabilities in the U.S. bond mutual fund industry
Bouveret, Antoine; Yu, Jie - 2021
This paper assesses liquidity risk for the United States (U.S.) bond mutual funds industry and performs a range of analyses to identify which fund categories are more vulnerable to distress than others, and how sales from funds can impact financial stability. We develop a new measure to identify...
Persistent link: https://www.econbiz.de/10012605013