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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
A country that experiences a shortage of workers with particular skills naturally considers two responses: import skills or produce them. Skill import may result in large-scale migration, which will not be to the liking of the natives. Skill production will require financial incentives, which...
Persistent link: https://www.econbiz.de/10011929244
There is an increasing trend in the pattern of world migration of educated and skilled individuals leaving developing countries for developed ones. This has created much concern about a so-called “brain drain”. As the name suggests, the brain drain was believed by early commentators to be...
Persistent link: https://www.econbiz.de/10012957416
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 … argue with theory and a range of nonexperimental falsification tests that exit by skilled workers was a necessary causal …
Persistent link: https://www.econbiz.de/10011985775
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...
Persistent link: https://www.econbiz.de/10013052038
Based on a welfare-maximization model of skilled migration where education generates a positive externality, this paper examines whether the early view regarding brain drain's (BD) negative impact on source countries and the Bhagwati tax (BT) associated with it, is compatible with the recent...
Persistent link: https://www.econbiz.de/10011868679
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/10010350023
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/10010342483
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
that schooling. The theory developed here explains the forsaken schooling phenomenon, which shows that low-skilled and …
Persistent link: https://www.econbiz.de/10012311042