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Macroeconomic Instability, Migration, and the Option Value of Education

Katz, Eliakim; Rapoport, Hillel - 2001

We explore the relation between variability in the rate of return to human capital and investment in education in the context of migration. Specifically, we show that if migration is a possibility, such variability in the rate of return to human capital can induce residents of developing...

Persistent link: https://www.econbiz.de/10013204711

Ethnic Discrimination and the Migration of Skilled Labor

Docquier, Frédéric; Rapoport, Hillel - 2001

We consider a small open developing economy, whose population is bifurcated into a majority and a minority group, the latter lacking political influence. Agents are heterogeneous in skills, and decide whether to invest in education when young and whether to migrate in their adulthood. Assuming a...

Persistent link: https://www.econbiz.de/10013204713

Provision of public goods in a federalist country: Tiebout competition, fiscal equalization, and incentives for efficiency in Switzerland

Widmer, Philippe; Zweifel, Peter - 2008

The purpose of this paper is to analyze the efficiency of the 26 Swiss cantons over the period 2000 to 2004 applying Data Envelopment Analysis (DEA). A Total Public Sector Performance (TPSP) indicator for eight local government activities (administration, public safety, education, culture and...

Persistent link: https://www.econbiz.de/10010315507

Accounting for heterogeneity in the measurement of hospital performance

Widmer, Philippe K.; Zweifel, Peter; Farsi, Mehdi - 2011

correction in the estimation of hospital performance. …

Persistent link: https://www.econbiz.de/10010316845

Documenting the brain drain of "la crème de la crème": Three case-studies on international migration at the upper tail of the education distribution

Docquier, Frédéric; Rapoport, Hillel - 2009

Most of the recent literature on the effects of the brain drain on source countries consists of theoretical papers and cross-country empirical studies. In this paper we complement the literature through three case studies on very different regional and professional contexts: the African medical...

Persistent link: https://www.econbiz.de/10010336061

Brain Drain and LDCs' Growth: Winners and Losers

Beine, Michel; Docquier, Frédéric; Rapoport, Hillel - 2002

We present an empirical evaluation of the growth effects of the brain drain for the source countries of migrants. Using recent US data on migration rates by education levels (Carrington and Detragiache, 1998), we find empirical support for the “beneficial brain drain hypothesis” in a sample...

Persistent link: https://www.econbiz.de/10013204721

Migration Selectivity and the Evolution of Spatial Inequality

Kanbur, Ravi; Rapoport, Hillel - 2004

The basic neoclassical model of migration suggests that migration is induced by real income differentials across locations and will, ceteris paribus, serve to reduce those differentials. And yet the evidence on growing spatial inequality is clear, despite increased migration from poorer to...

Persistent link: https://www.econbiz.de/10013204743

Improving efficiency through consolidation of jurisdictions? Evidence from the Cantons of Switzerland

Widmer, Philippe K.; Elias, George; Zweifel, Peter - 2012

The purpose of this paper is to analyze the optimal scale of local jurisdictions (cantons) in Switzerland applying Data …

Persistent link: https://www.econbiz.de/10010316907

How much internalization of nuclear risk through liability insurance?

Schneider, Yves; Zweifel, Peter - 2002

An important source of conflict surrounding nuclear energy is that with a very small probability, a large-scale nuclear accident may occur. One way to internalize the associated financial risks is through mandating nuclear operators to have liability insurance. This paper presents estimates of...

Persistent link: https://www.econbiz.de/10010315480

Efficient electricity portfolios for the United States and Switzerland: An investor view

Krey, Boris; Zweifel, Peter - 2008

the United States and Switzerland, adopting an investor point of view. Expected returns are defined by the rate of …, and Solar in the case of Switzerland, a country without domestic supplies of fossil fuels. Since shocks in generation … costs are found to be correlated, Seemingly Unrelated Regression Estimation (SURE) is used to filter out the systematic …

Persistent link: https://www.econbiz.de/10010315486