Stark, Oded; Helmenstein, Christian and Prskawetz, Alexia (June 1997) A Brain Gain with a Brain Drain. Former Series > Working Paper Series > IHS Economics Series 45
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Abstract
Abstract: We study human capital depletion and formation in an economy open to out-migration, as opposed to an economy which is closed. Under the natural assumption of asymmetric information, the enlarged opportunities and the associated different structure of incentives can give rise to a brain gain in conjunction with a brain drain. Migration by high-skill members of its workforce notwithstanding, the home country can end up with a higher average level of human capital per worker.;
Item Type: | IHS Series |
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Keywords: | 'Migration' 'Brain Drain' 'Skill Formation' 'Asymmetric Information' |
Classification Codes (e.g. JEL): | F22, J24, J61 |
Date Deposited: | 26 Sep 2014 10:36 |
Last Modified: | 19 Sep 2024 13:25 |
URI: | https://irihs.ihs.ac.at/id/eprint/992 |