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In this paper I delineate novel policy repercussions suggested by my research on "The New Economics of the Brain Drain". In section 1, I provide a succinct account of the model that inspires the derivation of several new policy implications. In sections 2 through 5, I present the policy...
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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 perspective of international migration, that is, by the...
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Extending both the harmful brain drain literature and the beneficial brain gain literature, this paper analyzes both the negative and the positive impact of migration by skilled individuals in a unified framework. The paper extends the received literature on the harmfulbrain drain by showing...
Persistent link: https://www.econbiz.de/10010267252
This paper synthesizes and extends recent research on The New Economics of the Brain Drain. In a unified framework, the paper shows that while recently identified adverse repercussions of the brain drain exacerbate the long-recognized impacts of the brain drain, longer-term consequences turn the...
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