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 …

strengthens their inclination to resort to migration as a means of reducing this heightened stress. Other things held constant …

We consider the case in which the opening up of an economy to migration results in departure of skilled workers. We … point out that while the possibility of migration changes the set of employment opportunities, it also affects the structure … several interesting results. First, while migration is pursued by the relatively high-skilled, subsequent return migrants are …

capital than if they had migrated without factoring in the possibility of migration (a form of brain drain), other workers … stay at home with more human capital than they would have formed in the absence of the possibility of migration (a form 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. …

A theory is developed of labor migration that is prompted by a desire to avoid social humiliation. In a general … equilibrium framework it is shown that as long as migration can reduce humiliation sufficiently, migration will occur even between … two identical economies. Migration increases the number of individuals who choose to perform degrading jobs and …

A theory is developed of labor migration that is prompted by a desire to avoid "social humiliation." In a general … equilibrium framework it is shown that as long as migration can reduce humiliation sufficiently, migration will occur even between … two identical economies. Migration increases the number of individuals who choose to perform degrading jobs and …