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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 negative impact of the brain drain, longer-term...
Persistent link: https://www.econbiz.de/10003737692
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...
Persistent link: https://www.econbiz.de/10003358419
Persistent link: https://www.econbiz.de/10003404806
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...
Persistent link: https://www.econbiz.de/10003582916
Persistent link: https://www.econbiz.de/10003518262
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,...
Persistent link: https://www.econbiz.de/10003737403