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“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 …
Persistent link: https://www.econbiz.de/10003737690
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 drain and educated unemployment. -- International …
Persistent link: https://www.econbiz.de/10003737403
country’s labor market: full employment, voluntary unemployment, and minimal wage in combination with involuntary unemployment …
Persistent link: https://www.econbiz.de/10012586111
country's labor market: full employment, voluntary unemployment, and minimal wage in combination with involuntary unemployment …
Persistent link: https://www.econbiz.de/10012623843
host country's labor market: full employment, voluntary unemployment, and minimal wage in combination with involuntary … unemployment. It is shown that when the sanctions are steep enough, a profit-maximizing firm will assign managers to verification …
Persistent link: https://www.econbiz.de/10012603843
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 …
Persistent link: https://www.econbiz.de/10008779024
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 …
Persistent link: https://www.econbiz.de/10008991815
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 …
Persistent link: https://www.econbiz.de/10013131628
We study human capital depletion and formation in an economy open to out-migration, as opposed to an economy which is closed. Under the natural assumption of asymmetric information, the enlarged opportunities and the associated different structure of incentives can give rise to a brain gain in...
Persistent link: https://www.econbiz.de/10010291761
When productivity is fostered by an individual's own human capital as well as by the economy-wide average level of human capital, individuals under-invest in human capital. The provision of subsidies for the formation of human capital, conditional on the subsidy being self-financed by tax...
Persistent link: https://www.econbiz.de/10010292740