For nearly four decades now, the conventional wisdom has been that the migration of human capital (skilled workers … not hold. A well designed migration policy can result in a “brain gain” to the developing country rather than in just a …

When productivity is fostered by an individual's own human capital as well as by the economy-wide average level 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. …

dynamics of international migration by highlighting the role of tradition in propelling migration; by admitting that the human … capital formation response to the prospect of migration is gradual; by studying the impact of such formation on economic … growth and welfare; by working out the consequences of the migration of parents for the wellbeing of their children; by …

When productivity is fostered by an individual's own human capital as well as by the economy-wide average level 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. …

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 …

When productivity is fostered by an individual's own human capital as well as by the economy-wide average level 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. -- migration ; human capital formation …

host society, even though the economic returns (increased productivity and enhanced earnings) to assimilation are high. We …

in turn prompts him to form more destination-specific human capital in order to increase his earnings and narrow the …

This paper studies the growth dynamics of a developing country under migration. Assuming that human capital formation … is subject to a strong enough, positive intertemporal externality, the prospect of migration will increase growth in the … human capital in the home country. In either case, the home country experiences a welfare gain, provided that migration is …