Showing 1 - 10 of 147
the rise in education investment in France and the USA. We use a computable general equilibrium model with overlapping … generations of individuals, and endogenous education decisions. Human capital is made of two substitutable components, experience … and education, both of them evolve endogenously over time. We calibrate this model on the post-war period and run …
Persistent link: https://www.econbiz.de/10010261573
the rise in education investment in France and the USA. We use a computable general equilibrium model with overlapping … generations of individuals, and endogenous education decisions. Human capital is made of two substitutable components, experience … and education, both of them evolve endogenously over time. We calibrate this model on the post-war period and run …
Persistent link: https://www.econbiz.de/10005822629
the rise in education investment in France and the USA. We use a computable general equilibrium model with overlapping … generations of individuals, and endogenous education decisions. Human capital is made of two substitutable components, experience … and education, both of them evolve endogenously over time. We calibrate this model on the post-war period and run …
Persistent link: https://www.econbiz.de/10004984954
for global inequality. We develop and parameterize a two-sector, two-class, world economy model that endogenizes education … experiments reveal that the geography of skills matters for global inequality. Low access to education and sectoral misallocation … for the 21st century. Assuming the continuation of recent education and migration policies, we predict stable disparities …
Persistent link: https://www.econbiz.de/10011910583
regions that are internationally connected and have better access to education. Conversely, human capital responses are …
Persistent link: https://www.econbiz.de/10014391205
and human capital accumulation in a multi-country context. We then embed this migration-education nexus into a development … migration costs, and the education policy. Emigration significantly reduces cross-country income inequality and the proportion …
Persistent link: https://www.econbiz.de/10014288247
for global inequality. We develop and parameterize a two-sector, two-class, world economy model that endogenizes education … experiments reveal that the geography of skills matters for global inequality. Low access to education and sectoral misallocation … for the 21st century. Assuming the continuation of recent education and migration policies, we predict stable disparities …
Persistent link: https://www.econbiz.de/10011931769
treatment of education spending. They are sensitive to assumptions about the schooling level of future generations. …
Persistent link: https://www.econbiz.de/10010261806
In this paper, we analyze the distribution of the brain drain in the LAC region (Latin America and the Caribbean), Asia and Africa. We rely on an original data set on international migration by educational attainment for 1990 and 2000. Our analysis reveals that the brain drain is strong in...
Persistent link: https://www.econbiz.de/10010267383
The paper assesses the global effects of brain drain on developing economies and quantifies the relative sizes of various static and dynamic impacts. By constructing a unified generic framework characterized by overlapping-generations dynamics and calibrated to real data, this study incorporates...
Persistent link: https://www.econbiz.de/10010269352