'educated unemployment' and overeducation in developing countries, as well as a brain drain from these countries. A simulation … suggests that the costs of 'educated unemployment' and overeducation can amount to significant losses for the individuals …

; Human capital formation ; Overeducation ; “Educated unemployment” ; Beneficial brain drain ; Social welfare …

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 … developing country may end up with more educated workers despite the brain drain and educated unemployment. -- International …

"educated unemployment" and overeducation in developing countries, as well as a brain drain from these countries. A simulation … suggests that the costs of "educated unemployment" and overeducation can amount to significant losses for the individuals …