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Theory suggests that groups historically subject to discrimination, such as Jews, could exhibit traditionally high investment in education because discrimination spurred exit facilitated by human capital. Theory moreover suggests that if exit is uncertain, it could induce investment in skill...
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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 examine how low and high skilled internal emigration causally affect investments in human capital at origin. We provide theoretical and empirical evidence of a disincentive mechanism through which individuals refrain from education should low skilled emigration prove a viable alternative. Our...
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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...
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Wenn die Förderung der Produktivität sowohl durch das individuelle Humankapital als auch durch das durchschnittliche … gesamtwirtschaftliche Humankapital bestimmt wird, sind individuelle Investitionen in die Ausbildung suboptimal. Eine streng positive … Individuen im Heimatland zurückzuführen ist, als auch das durchschnittliche Humankapital der im Heimatland verbleibenden …
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