Arbeitspapier
A brain gain with a brain drain
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.
- Language
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Englisch
- Bibliographic citation
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Series: Reihe Ökonomie / Economics Series ; No. 45
- Classification
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Wirtschaft
International Migration
Human Capital; Skills; Occupational Choice; Labor Productivity
Geographic Labor Mobility; Immigrant Workers
- Subject
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- migration
brain drain
skill formation
asymmetric information
- Event
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Geistige Schöpfung
- (who)
-
Stark, Oded
Prskawetz, Alexia
Helmenstein, Christian
- Event
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Veröffentlichung
- (who)
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Institute for Advanced Studies (IHS)
- (where)
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Vienna
- (when)
-
1997
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
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Object type
- Arbeitspapier
Associated
- Stark, Oded
- Prskawetz, Alexia
- Helmenstein, Christian
- Institute for Advanced Studies (IHS)
Time of origin
- 1997