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...

We estimate production functions for cognition and health for children aged 1-12 in India, based on the Young Lives Survey. India has over 70 million children aged 0-5 who are at risk of developmental deficits. The inputs into the production functions include parental background, prior child...

This study established the imperative for treating the human being in Africa as ‘human capital' and showing that countries that invested more in human capital development had better economic and human development prospects than the countries that do not. Using comparative analysis, it was...

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...

Developing countries invest in training skilled workers and can lose part of their investment if those workers emigrate. One response is for the destination countries to design ways to participate in financing skilled emigrants' training before they migrate — linking skill creation and skill...

The Bracero Program was a massive guest worker program that allowed over four million Mexican workers to migrate legally and work temporarily in the United States from 1942 to 1964. This paper examines the development impacts of the program. Exploiting a natural experiment in the institutional...

We extend the Lucas' 1988 model introducing two classes of agents with heterogeneous skills, discount factors and initial human capital endowments. We consider two regimes according to the planner's political constraints. In the first regime, that we call meritocracy, the planner faces...

Objective – This paper examines the influence of Good University Governance (‘GUG') on Human Capital (‘HC') and Quality, as well as the influence of CUG on HC through the use of Quality.Methodology/Technique – This research uses an explanatory survey design. The data was collected by...

This paper examines the impact of a large scale school construction program in India, the District Primary Education Programme (DPEP), on educational outcomes of direct beneficiaries and their children. Between the years 1993-2004, DPEP served over 50 million children and prioritized districts...

Recent studies have shown that trade liberalization increases skilled wage premiums in developing countries. This result suggests globalization may benefit elite skilled workers relatively more than poor unskilled workers, increasing inequality. This effect may be mitigated, however, if human...