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Persistent link: https://www.econbiz.de/10002148105
presence of a redistributional tax policy, credit market constraints, administrative costs of tax collection, and lack of … government commitment. We characterize how decreasing migration costs for skilled workers affect the time-consistent policies of … in migration costs is Pareto improving when migration costs are high, but have ambiguous effects when these costs are low …
Persistent link: https://www.econbiz.de/10013232920
presence of a redistributional tax policy, credit market constraints, administrative costs of tax collection, and lack of … government commitment. We characterize how decreasing migration costs for skilled workers affect the time-consistent policies of … in migration costs is Pareto improving when migration costs are high, but have ambiguous effects when these costs are low …
Persistent link: https://www.econbiz.de/10012468073
This paper revisits the question of how brain drain affects the optimal education policy of a developing economy. Our framework of analysis highlights the complementarity between public spending on education and students' efforts to acquire human capital in response to career opportunities at...
Persistent link: https://www.econbiz.de/10012910755
Persistent link: https://www.econbiz.de/10011845992
If well managed, migration generates benefits for migrants, their countries of origin and the countries they settle in. For migrants, it can help them expand their skill sets and improve their standard of living. For destination countries, it can alleviate demographic pressures and foster...
Persistent link: https://www.econbiz.de/10011313528
Though a net brain gain has tended to be seen as a benefit and referred to as a 'beneficial brain drain' in the literature, its welfare impact for source country residents - or non-migrants - is at best ambiguous. Increased educational investment in response to a brain drain is equivalent to a...
Persistent link: https://www.econbiz.de/10011849103
Based on a welfare-maximization model of skilled migration where education generates a positive externality, this paper examines whether the early view regarding brain drain's (BD) negative impact on source countries and the Bhagwati tax (BT) associated with it, is compatible with the recent...
Persistent link: https://www.econbiz.de/10011868679
High-skilled workers are four times more likely to migrate than low-skilled workers. This skill bias in migration - often called brain drain - has been at the center of a heated debate about the welfare consequences of emigration from developing countries. In this paper, we provide a global...
Persistent link: https://www.econbiz.de/10011551902
Persistent link: https://www.econbiz.de/10011629347