This study is an experimental study that examines the effects of the oil export price increase in both theoretical and empirical contexts considering the Kazakhstani economy as a particular case, and discusses the effects of different macro closure rules. This study has been motivated by several...

This work deals with the interplay of skilled worker emigration and school participation in small developing economies. We develop an Overlapping generations framework with talent heterogeneity, where agents make intertemporal decisions on schooling and emigration. The main innovation compared...