“educated unemployment” and overeducation in developing countries, as well as a brain drain from these countries. A simulation … suggests that the costs of “educated unemployment” and overeducation can amount to significant losses for the individuals … drain ; Human capital formation ; “Educated unemployment” ; Overeducation ; Social welfare …

"educated unemployment" and overeducation in developing countries, as well as a brain drain from these countries. A simulation … suggests that the costs of "educated unemployment" and overeducation can amount to significant losses for the individuals …

This paper provides a novel explanation of "educated unemployment," which is a salient feature of the labor markets in … a number of developing countries. In a simple job-search framework we show that "educated unemployment" is caused by the … developing country may end up with more educated workers despite the brain and educated unemployment. …

and constant demand, the rate of unemployment of educated workers in the domestic labor market will increase. Thus, the … prospect of employment abroad causes involuntary "educated unemployment" at home. A government that is concerned about … "educated unemployment" and might therefore be expected to encourage unemployed educated people to migrate will nevertheless …