In this paper I delineate novel policy repercussions suggested by my research on "The New Economics of the Brain Drain". In section 1, I provide a succinct account of the model that inspires the derivation of several new policy implications. In sections 2 through 5, I present the policy...

This paper develops a one sector, two-input model with endogenous human capital formation. The two inputs are two types of skilled labor: "engineering," which exerts a positive externality on total factor productivity, and "law", which does not. The paper shows that a marginal prospect of...

This paper develops a one sector, two-input model with endogenous human capital formation. The two inputs are two types of skilled labor: "engineering," which exerts a positive externality on total factor productivity, and "law," which does not. The paper shows that a marginal prospect of...

In this paper we study the impact of the international migration of unskilled workers on skill formation and the average skill level in the home country. We analyze what appears to be the least threatening scenario from the point of view of its effect on the supply of skills at home: namely,...

In this paper we study the impact of the international migration of unskilled workers on skill formation and the average skill level in the home country. We analyze what appears to be the least threatening scenario from the point of view of its effect on the supply of skills at home: namely,...

Extending both the 'harmful brain drain' literature and the 'beneficial brain drain' literature, this paper analyzes both the negative and the positive impact of migration by skilled individuals in a unified framework. The paper extends the received literature on the 'harmful brain drain' by...

When productivity is fostered by an individual's own human capital as well as by the economy-wide average level of human capital, individuals under-invest in human capital. A strictly positive probability of migration to a richer country raises both the level of human capital formed by...