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'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 …
Persistent link: https://www.econbiz.de/10011470822
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 perspective of international migration, that is, by the...
Persistent link: https://www.econbiz.de/10011470813
; Human capital formation ; Overeducation ; “Educated unemployment” ; Beneficial brain drain ; Social welfare …
Persistent link: https://www.econbiz.de/10003737692
“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 … drain ; Human capital formation ; “Educated unemployment” ; Overeducation ; Social welfare …
Persistent link: https://www.econbiz.de/10003737690
This special issue of the International Review of Economics and Finance contributes to the received literature of the dynamics of international migration by highlighting the role of tradition in propelling migration; by admitting that the human capital formation response to the prospect of...
Persistent link: https://www.econbiz.de/10012516186
In June 2016, the European Commission issued a new EU Blue Card proposal. This proposal is meant to make the EU more attractive for highly qualified workers from third countries. While strengthening the knowledge economy of the EU, the potential impacts of the new Blue Card proposal on...
Persistent link: https://www.econbiz.de/10011784466
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 perspective of international migration, that is,...
Persistent link: https://www.econbiz.de/10003737403
This paper studies the growth dynamics of a developing country under migration. Assuming that human capital formation is subject to a strong enough, positive intertemporal externality, the prospect of migration will increase growth in the home country in the long run. If the external effect is...
Persistent link: https://www.econbiz.de/10009775568
We examine two impacts of international emigration on the evolution of the institutions in the origin countries. The first impact concerns the influence of emigration per se (i.e. people who left the country can voice more or less from abroad). The second impact relates to the transfer of the...
Persistent link: https://www.econbiz.de/10009786231
This paper critiques the last decade of research on the effects of high-skill emigration from developing countries, and proposes six new directions for fruitful research. The study singles out a core assumption underlying much of the recent literature, calling it the Lump of Learning model of...
Persistent link: https://www.econbiz.de/10011307889