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Previous work suggests a general uncertainty surrounding the migration process acts as a barrier to outmigration. In this paper, we argue that this barrier is exacerbated when relative economic policy uncertainty is higher in the target country and mitigated when relatively higher in the origin...
Persistent link: https://www.econbiz.de/10014232682
In this paper we present and confront the expected outcome of an increase in risk on the regional or sectoral … (Bhagwati-Hamada). Importance of convexity of local labor demands was invariably recognized. A localized increase in risk does … not always repel the labor force in the long-run. This statement would hold even if individuals were not risk-neutral, as …
Persistent link: https://www.econbiz.de/10011873009
Discussions of high-skilled mobility typically evoke migration patterns from poorer to wealthier countries, which ignore movements to and between developing countries. This paper presents, for the first time, a global overview of human capital mobility through bilateral migration stocks by...
Persistent link: https://www.econbiz.de/10010463429
The extent to which international high-skilled mobility channels are forming is a question of great importance in an increasingly global knowledge-based economy. One factor facilitating the growth of high-skilled labor markets is the standardization of certifiable degrees meriting international...
Persistent link: https://www.econbiz.de/10012969023
Discussions of high-skilled mobility typically evoke migration patterns from poorer to wealthier countries, which ignore movements to and between developing countries. This paper presents, for the first time, a global overview of human capital mobility through bilateral migration stocks by...
Persistent link: https://www.econbiz.de/10013031086
We analyze how the top firms and managers from one market (industry or country) would compete with those from another, to develop an integrated market for talent. In our competitive matching model, in two distinct markets talent has general and market-specific human capital (GHC and M-SHC)...
Persistent link: https://www.econbiz.de/10012935972
We follow the migration patterns of European inventors and find evidence of a novel emigration determinant: policy uncertainty. We find that policy uncertainty raises the rate of inventor emigration by a notable magnitude. With a one standard deviation in the policy uncertainty of the home...
Persistent link: https://www.econbiz.de/10013411271
We follow the migration patterns of European inventors and find evidence of a novel emigration determinant: policy uncertainty. We find that policy uncertainty raises the rate of inventor emigration by a notable magnitude. With a one standard deviation in the policy uncertainty of the home...
Persistent link: https://www.econbiz.de/10014243158
Mobile workers involve flows of labor and human capital and contribute to a more efficient allocation of resources. However, migration also changes relative wages, alters the distribution of skills and affects equality in the receiving society. The paper suggests that skilled immigration...
Persistent link: https://www.econbiz.de/10010361361
Recently, the EU Council adopted a new labour migration policy instrument - the EU Blue Cards (BC) - for attracting the highly skilled workers to the EU. The present paper examines the potential impacts, which BC may cause on less developed sending countries (LDC). Our results suggest that the...
Persistent link: https://www.econbiz.de/10011524909