A Brain Gain with a Brain Drain

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: 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
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: 26 Sep 2019 16:47
URI: https://irihs.ihs.ac.at/id/eprint/992

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