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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/10013078179
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/10010955011
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/10010702958
high-skilled adult male native-born workers are also presented for comparison purposes. The results show that over-education … is widespread in the high-skilled US labor market, both for immigrants and the native born. The extent of over-education …. Indeed, in the first 10 to 20 years in the US years of over-education among high-skilled workers have a negative effect on …
Persistent link: https://www.econbiz.de/10003872711
high-skilled adult male native-born workers are also presented for comparison purposes. The results show that over-education … is widespread in the high-skilled US labor market, both for immigrants and the native born. The extent of over-education …. Indeed, in the first 10 to 20 years in the US years of over-education among high-skilled workers have a negative effect on …
Persistent link: https://www.econbiz.de/10013158064
Skilled workers have a rising tendency to emigrate from developing countries, raising fears that their departure harms the poor. To mitigate such harm, researchers have proposed a variety of policies designed to tax or restrict high-skill migration. Those policies have been justified as Pigovian...
Persistent link: https://www.econbiz.de/10013052059
We study the interaction between the optimal immigration policy of a host country and education policy of a source country in a model of international migration of skilled workers. Acquisition of human capital is driven by the academic and career opportunities at home and abroad. Greater...
Persistent link: https://www.econbiz.de/10013054317
Over the past decades, globalization has led to a huge increase in the migration of workers, as well as students. This paper develops a simple two-step model that describes the decisions of an individual vis-à-vis education and migration, and presents a unified model, wherein the two migration...
Persistent link: https://www.econbiz.de/10011542662
In the present globalization era an increasing attention is paid to the ambiguous relationship between international migration, brain drain, and economic growth, but few papers analyzed the growth impact of skilled migration. The paper filled the research gap by building the first dataset on...
Persistent link: https://www.econbiz.de/10010262227
We provide an overview of China's economic rise through time. Over the past decade, China has maintained 10% growth in GDP, albeit with a GDP per capita at the low level of a developing country. Its tremendous economic development has overlooked the growing social inequalities and rising...
Persistent link: https://www.econbiz.de/10009267843