Kar, Saibal; Guha-Khasnobis, Basudeb - In: Journal of Economic Policy Reform 9 (2006) 2, pp. 107-123
We study the interaction between foreign capital inflow and international migration of skilled labor when a small open economy is subject to exogenous shocks. The presence of a skill formation sector is central to our analysis, such that import liberalization and increased foreign capital inflow...