We consider the case in which the opening up of an economy to migration results in departure of skilled workers. We … point out that while the possibility of migration changes the set of employment opportunities, it also affects the structure … several interesting results. First, while migration is pursued by the relatively high-skilled, subsequent return migrants are …

capital than if they had migrated without factoring in the possibility of migration (a form of brain drain), other workers … stay at home with more human capital than they would have formed in the absence of the possibility of migration (a form of …

capital. Yet a strictly positive probability of migration to a richer country, by raising both the level of human capital … migration policy the welfare of all workers is higher than in the absence of this policy. …

A theory is developed of labor migration that is prompted by a desire to avoid social humiliation. In a general … equilibrium framework it is shown that as long as migration can reduce humiliation sufficiently, migration will occur even between … two identical economies. Migration increases the number of individuals who choose to perform degrading jobs and …

We study human capital depletion and formation in an economy open to out-migration, as opposed to an economy which is … structure of incentives can give rise to a brain gain in conjunction with a brain drain. Migration by high-skill members of its …

dynamics of migration. …

population leads to a stronger incentive to engage in migration for a given level of a population's income; that total relative … deprivation is positively related to the Gini coefficient; and that, consequently, the Gini coefficient and migration are …

If some of the returns to migration accrue from return migration, the optimal duration of migration may be shorter than … the feasible duration of migration. We develop a model that provides and highlights conditions under which return … migration takes place even though a reversal of the inter-country wage differential does not occur. In particular, we consider …