Dong, Baomin; Fu, Shihe; Gong, Jiong; Fan, Hanwen - Volkswirtschaftliche Fakultät, … - 2014
This paper develops a signaling theory where brain drain as well as the opposite of brain drain, a phenomenon we call “lame-drain” can result. In particular, we assume there are three types of agents according to their intrinsic abilities; education (with endogenous intensity) consists of...