Arbeitspapier

Should I stay or should I go? An institutional approach to brain drain

This paper suggests that institutional factors which reward social net- works at the expenses of productivity can play an important role in ex- plaining brain drain. The e€ects of social networks on brain drain are analyzed in a decision theory framework with asymmetric information. We distinguish between the role of insidership and personal connections. The larger the cost of being an outsider, the smaller is the number and the average ability of researchers working in the domestic job market. Per- sonal connections partly compensate for this e€ect by attracting highly connected researchers back. However, starting from a world with no dis- tortions, personal connections also increase brain drain.

Sprache
Englisch

Erschienen in
Series: CREMA Working Paper ; No. 2010-12

Klassifikation
Wirtschaft
Asymmetric and Private Information; Mechanism Design
International Migration
Education and Research Institutions: General
Human Capital; Skills; Occupational Choice; Labor Productivity
Professional Labor Markets; Occupational Licensing
Thema
Brain Drain
Social Networks
Institutions
Asymmetric In- formation
Italian Academia

Ereignis
Geistige Schöpfung
(wer)
Cassar, Lea
Frey, Bruno S.
Ereignis
Veröffentlichung
(wer)
Center for Research in Economics, Management and the Arts (CREMA)
(wo)
Basel
(wann)
2010

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Cassar, Lea
  • Frey, Bruno S.
  • Center for Research in Economics, Management and the Arts (CREMA)

Entstanden

  • 2010

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