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; Human capital formation ; Overeducation ; “Educated unemployment” ; Beneficial brain drain ; Social welfare …
Persistent link: https://www.econbiz.de/10003737692
“educated unemployment” and overeducation in developing countries, as well as a brain drain from these countries. A simulation … suggests that the costs of “educated unemployment” and overeducation can amount to significant losses for the individuals … drain ; Human capital formation ; “Educated unemployment” ; Overeducation ; Social welfare …
Persistent link: https://www.econbiz.de/10003737690
In June 2016, the European Commission issued a new EU Blue Card proposal. This proposal is meant to make the EU more attractive for highly qualified workers from third countries. While strengthening the knowledge economy of the EU, the potential impacts of the new Blue Card proposal on...
Persistent link: https://www.econbiz.de/10011784466
This paper provides a novel explanation of “educated unemployment,” which is a salient feature of the labor markets in a number of developing countries. In a simple job-search framework we show that “educated unemployment” is caused by the perspective of international migration, that is,...
Persistent link: https://www.econbiz.de/10003737403
This paper studies the growth dynamics of a developing country under migration. Assuming that human capital formation is subject to a strong enough, positive intertemporal externality, the prospect of migration will increase growth in the home country in the long run. If the external effect is...
Persistent link: https://www.econbiz.de/10009766452
This paper studies the growth dynamics of a developing country under migration. Assuming that human capital formation is subject to a strong enough, positive intertemporal externality, the prospect of migration will increase growth in the home country in the long run. If the external effect is...
Persistent link: https://www.econbiz.de/10009775568
We consider how the possibility of international migration affects an individual’s educational choices in their home country. Without the opportunity to emigrate abroad people choose their educational investment (and hence their skill level) as we might expect, taking into account the utility...
Persistent link: https://www.econbiz.de/10012311042
Ability drain's (AD) impact seems economically significant, with 30% of US Nobel laureates since 1906 being immigrants, and immigrants or their children founding 40% of Fortune 500 companies. Nonetheless, while brain drain (BD) and gain (BG) have been studied extensively, AD has not. I examine...
Persistent link: https://www.econbiz.de/10012112999
This paper examines the potential impacts of East-West migration of talents on the innovative capital and hence the long-run growth prospects in Eastern sending countries. Complementing previous studies, we examine the impact of high skill migration not only on the formation of human capital,...
Persistent link: https://www.econbiz.de/10011524024
This research was motivated by the increasing number of foreign students and scientists who are in the United States on temporary visas who are able to change their status to permanent immigrant. Origin countries, among them industrialized western European nations, are concerned about losing...
Persistent link: https://www.econbiz.de/10014071399