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This paper revisits the question of how brain drain affects the optimal education policy of a developing economy. Our framework of analysis highlights the complementarity between public spending on education and students' efforts to acquire human capital in response to career opportunities at...
Persistent link: https://www.econbiz.de/10012910755
This paper analyzes the factors underlying the evolution of the worldwide distribution of skills and their implications for global inequality. We develop and parameterize a two-sector, two-class, world economy model that endogenizes education and mobility decisions, population growth, and income...
Persistent link: https://www.econbiz.de/10011910583
We study the development of teenage fertility in East and West Germany using data from the German Socioeconomic Panel … teenage fertility and test whether they are relevant in the German case. We find that teenage fertility is associated with … aggregate unemployment. Our evidence supports countercyclical teenage fertility. …
Persistent link: https://www.econbiz.de/10010357980
We study the development of teenage fertility in East and West Germany using data from the German Socioeconomic Panel … teenage fertility and test whether they are relevant in the German case. We find that teenage fertility is associated with … aggregate unemployment. Our evidence supports countercyclical teenage fertility. …
Persistent link: https://www.econbiz.de/10010360911
We study the development of teenage fertility in East and West Germany using data from the German Socioeconomic Panel … teenage fertility and test whether they are relevant in the German case. We find that teenage fertility is associated with … aggregate unemployment. Our evidence supports countercyclical teenage fertility. …
Persistent link: https://www.econbiz.de/10010366230
We study the development of teenage fertility in East and West Germany using data from the German Socioeconomic Panel … teenage fertility and test whether they are relevant in the German case. We find that teenage fertility is associated with … aggregate unemployment. Our evidence supports counter-cyclical teenage fertility. …
Persistent link: https://www.econbiz.de/10010373670
Persistent link: https://www.econbiz.de/10011805632
Persistent link: https://www.econbiz.de/10010345462
This paper revisits the question of how brain drain affects the optimal education policy of a developing economy. Our framework of analysis highlights the complementarity between public spending on education and students' efforts to acquire human capital in response to career opportunities at...
Persistent link: https://www.econbiz.de/10011910685
International migration is a selective process that induces ambiguous effects on human capital and economic development in countries of origin. We establish the theoretical micro-foundations of the relationship between selective emigration and human capital accumulation in a multi-country...
Persistent link: https://www.econbiz.de/10014288247