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In this paper we study Brain Drain (BD) and Fiscal Competition (FC) in a unified framework for the European Union (EU) specific context. Potential mobility of educated workers can increase the degree of FC through taxation or the provision of public education. An increase in FC can be caused by...
Persistent link: https://www.econbiz.de/10012718152
sending and receiving countries. In a calibrated multi-country model, we compare the current world to a counterfactual with … that more - not less - high-skilled migration would increase world welfare. …
Persistent link: https://www.econbiz.de/10011551902
Is ability drain (AD) economically significant? That immigrants or their children founded over 40% of the Fortune 500 US companies suggests it is. Moreover, brain drain (BD) induces a brain gain (BG). This cannot occur with ability. Nonetheless, while BD has been studied extensively, AD drain...
Persistent link: https://www.econbiz.de/10011407693
We consider how the possibility of international migration affects an individual’s educational choices in their home country. Without the opportunity to emigrate abroad people choose their educational investment (and hence their skill level) as we might expect, taking into account the utility...
Persistent link: https://www.econbiz.de/10012311042
Ability drain's (AD) impact seems economically significant, with 30% of US Nobel laureates since 1906 being immigrants, and immigrants or their children founding 40% of Fortune 500 companies. Nonetheless, while brain drain (BD) and gain (BG) have been studied extensively, AD has not. I examine...
Persistent link: https://www.econbiz.de/10012112999
Ability drain's (𝐴𝐷) impact on host countries is significant: 30 percent of US Nobel laureates since 1906 are immigrants, and they or their children founded 40 percent of Fortune 500 companies. The article first provides a detailed description of the multiple home country benefits...
Persistent link: https://www.econbiz.de/10015066972
Ability drain's (AD) impact on host countries is significant: 30 percent of US Nobel laureates since 1906 are immigrants, and they or their children founded 40 percent of Fortune 500 companies. However, while brain drain (BD) and gain (BG) have been studied extensively, AD has not. I examine...
Persistent link: https://www.econbiz.de/10015044971
Skilled workers have a rising tendency to emigrate from developing countries, raising fears that their departure harms the poor. To mitigate such harm, researchers have proposed a variety of policies designed to tax or restrict high-skill migration. Those policies have been justified as Pigovian...
Persistent link: https://www.econbiz.de/10013052059
sending and receiving countries. In a calibrated multi-country model, we compare the current world to a counterfactual with … that more – not less – high-skilled migration would increase world welfare …
Persistent link: https://www.econbiz.de/10012980350
This paper examines the relationship between the brain drain and country size, as well as the extent of small states' overall loss of human capital. We find that small states are the main losers because they i) lose a larger proportion of their skilled labor force and ii) exhibit stronger...
Persistent link: https://www.econbiz.de/10013324835