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literature, its welfare impact for source country residents – or non-migrants – is at best ambiguous. Increased educational …) – whose well-being is a concern for the government – is ambiguous or negative. I compare residents' welfare a) for an open vs … intervention; ii) optimal education policy has a positive or ambiguous impact on residents' welfare (and a positive impact under a …
Persistent link: https://www.econbiz.de/10011873487
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...
Persistent link: https://www.econbiz.de/10012910755
- often called brain drain - has been at the center of a heated debate about the welfare consequences of emigration from … bias in migration significantly increases welfare in most receiving countries. Moreover, due to a more efficient global … allocation of talent, the global welfare effect is positive, albeit some sending countries lose. Overall, our findings suggest …
Persistent link: https://www.econbiz.de/10011551902
literature, its welfare impact for source country residents – or non-migrants – is at best ambiguous.Increased educational …) – whose well-being is a concern for the government – is ambiguous or negative. I compare residents' welfare a) for an open vs … intervention; ii) optimal education policy has a positive or ambiguous impact on residents' welfare (and a positive impact under a …
Persistent link: https://www.econbiz.de/10012920435
Based on a welfare-maximization model of skilled migration where education generates a positive externality, this paper …, welfare, optimal education subsidy (s), and a combination of s and BT, when residents' (emigrants') weight in the government …'s objective function is 1 (1 - β), with β ε [0,1]. I find that: i) education, welfare and s are higher (lower) under an open than …
Persistent link: https://www.econbiz.de/10011868679
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...
Persistent link: https://www.econbiz.de/10011910685
Increasingly, immigration policies tend to favour the entry of skilled workers, raising substantial concerns among sending countries. The "revisionist" approach to the analysis of the brain drain holds that such concerns are largely unwarranted. First, sustained migratory flows may be associated...
Persistent link: https://www.econbiz.de/10014074758
raise the welfare of the economy while an emigration of unskilled labour is welfare reducing. Also an emigration of skilled …
Persistent link: https://www.econbiz.de/10014116768
raise the welfare of the economy while an emigration of unskilled labour is welfare reducing. Also an emigration of skilled …
Persistent link: https://www.econbiz.de/10014066055
This paper uses a two-country model with integrated markets for high-skilled labor to analyze the opportunities and incentives for national governments to provide higher education. Countries can differ in productivity, and education is financed through a wage tax, so that brain drain affects the...
Persistent link: https://www.econbiz.de/10013317116