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Persistent link: https://www.econbiz.de/10012025299
This paper revisits the question of how brain drain affects the optimal education policy of a developing economy. Our framework of analysis highlights the complementarity between public spending on education and students' efforts to acquire human capital in response to career opportunities at...
Persistent link: https://www.econbiz.de/10011910685
This paper revisits the question of how brain drain affects the optimal education policy of a developing economy. Our framework of analysis highlights the complementarity between public spending on education and students' efforts to acquire human capital in response to career opportunities at...
Persistent link: https://www.econbiz.de/10012910755
Persistent link: https://www.econbiz.de/10011845992
Persistent link: https://www.econbiz.de/10012140121
This paper examines the relationship between the brain drain and country size, as well as the extent of small states' overall loss of human capital. We find that small states are the main losers because they i) lose a larger proportion of their skilled labor force and ii) exhibit stronger...
Persistent link: https://www.econbiz.de/10003666467
for global inequality. We develop and parameterize a two-sector, two-class, world economy model that endogenizes education … in the world distribution of skills, slow-growing urbanization in developing countries and a rebound in income inequality …
Persistent link: https://www.econbiz.de/10011910583
Persistent link: https://www.econbiz.de/10012233160
of the world population living in extreme poverty. …
Persistent link: https://www.econbiz.de/10014288247
This paper quantitatively investigates the short- and long-run effects of liberalizing global migration on the world … distribution of income. We develop and parametrize a dynamic model of the world economy with endogenous migration, fertility and … are gradual and cumulative. In case of a complete liberalization, the world average level of GDP per worker increases by …
Persistent link: https://www.econbiz.de/10010235847