We develop a theoretical model of human skill formation and emigration.We extend the existing brain drain models, by partly endogenizing the heterogeneity of individuals, by introducing aspirations. Emigration of an individual will result in a migration experience, which increases the migrant's...

We develop a theoretical model of human skill formation and emigration. Additionally to existing brain drain models, we partly endogenize the heterogeneity of the individuals, by introducing aspirations. Emigration of an individual will result in a migration experience, which increases the...

This paper reviews existing theoretical and empirical evidence on the economic effects of immigration in developing countries. Specifically, it discusses how immigration may affect labour market, entrepreneurship, human capital, productivity, economic growth, the exchange rate, trade, prices,...