In this paper, we analyse how increasing student migration from a less developed to a developed country alters education policy in the developed country, and how it affects human capital and welfare in the two countries. We argue that a higher permanent migration probability, i.e., a higher...

In the first global century before 1914, trade and especially migration had profound effects on both low-wage, labor abundant Europe and the high-wage, labor scarce New World. Those global forces contributed to a reduction in unskilled labor scarcity in the New World and to a rise in unskilled...

In this briefly note we extend the Mountford's article quot;Can a Brain Drain be good for growth in the source economy?quot; by introducing an active role of the government in the education decisions of the agent by public education, taxes and subsidies. First, we demonstrate that the main...

In the first global century before 1914, trade and especially migration had profound effects on both low-wage, labor abundant Europe and the high-wage, labor scarce New World. Those global forces contributed to a reduction in unskilled labor scarcity in the New World and to a rise in unskilled...

Revolutionary changes occurred in many countries’ educational systems due to digital technologies. According to Euromag data, tablet computers are used instead of paper notebooks in the Bavarian private school Neubeuern, Germany. Classrooms of the future have become the students’ everyday...

FrontMatter -- Preface -- Acknowledgments -- Contents -- Boxes, Figures, and Tables -- Executive Summary -- 1 A Disturbing Mosaic -- 2 Why Are Science and Technology Critical to America's Prosperity in the 21st Century? -- 3 How Is America Doing Now in Science and Technology? -- 4 Method -- 5...

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...