A two-country, two-period model of international migration highlights microeconomic foundations for examining the interrelation between brain drain, brain gain and the location of human capital formation, at home or abroad. Ex ante choices regarding where to study depend on relative qualities of university systems, individuals' abilities, sunk educational investment costs, government grants, and expected employment prospects in both countries. The analysis underscores an inherently widerange of conceivable positive or negative effects on domestic net welfare. These changes depend critically on the foregoing factors, as well as the optimal design of educational grant schemes, given eventual informational imperfections regarding individuals' ...
Recent theoretical studies suggest that migration prospects can raise the expected return to human c...
For nearly four decades now, the conventional wisdom has been that the migration of human capital (s...
This paper tests the hypothesis of a beneficial brain drain using occupation-specific data on migrat...
A two-country, two-period model of international migration highlights microeconomic foundations for ...
A two-country, two-period model of international migration with heterogeneous agents highlights micr...
Recent theoretical studies suggest that migration prospects can raise the expected return to human c...
Extending both the “harmful brain drain” literature and the “beneficial brain gain” literature, this...
In this paper we study the net effect of high-skilled emigration. Hence, we elaborate a simple theor...
This paper analyzes international high-skilled migration caused by financial frictions in educationa...
In this paper, we revisit the impact of skilled emigration on human cap- ital accumulation using new...
Recent theoretical studies suggest that migration prospects can raise the expected return to human c...
This paper reviews four decades of economics research on the brain drain, with a focus on recent con...
The paper assesses the global effects of brain drain on developing economies and quantifies the rela...
The economic effects of the migration of skilled workers from developing countries are highly contro...
Recent theoretical studies suggest that migration prospects can raise the expected return to human c...
For nearly four decades now, the conventional wisdom has been that the migration of human capital (s...
This paper tests the hypothesis of a beneficial brain drain using occupation-specific data on migrat...
A two-country, two-period model of international migration highlights microeconomic foundations for ...
A two-country, two-period model of international migration with heterogeneous agents highlights micr...
Recent theoretical studies suggest that migration prospects can raise the expected return to human c...
Extending both the “harmful brain drain” literature and the “beneficial brain gain” literature, this...
In this paper we study the net effect of high-skilled emigration. Hence, we elaborate a simple theor...
This paper analyzes international high-skilled migration caused by financial frictions in educationa...
In this paper, we revisit the impact of skilled emigration on human cap- ital accumulation using new...
Recent theoretical studies suggest that migration prospects can raise the expected return to human c...
This paper reviews four decades of economics research on the brain drain, with a focus on recent con...
The paper assesses the global effects of brain drain on developing economies and quantifies the rela...
The economic effects of the migration of skilled workers from developing countries are highly contro...
Recent theoretical studies suggest that migration prospects can raise the expected return to human c...
For nearly four decades now, the conventional wisdom has been that the migration of human capital (s...
This paper tests the hypothesis of a beneficial brain drain using occupation-specific data on migrat...