Arbeitspapier

Is brain drain passé? The optimal timing of migration

This paper sheds a new perspective on models of migration by integrating in a same structure the decisions about education and work; and by incorporating return migration with "brain waste". Brain waste is defined as the depreciation, due to migration, in the human capital acquired in the home country. This paper shows that brain waste, and return migration have significant effects on the optimal strategy of migration. Without these elements, brain drain is usually an optimal solution. But, when we introduce brain waste, then it is optimal to migrate as a student. Therefore, brain waste can explain why brain drain is not always optimal.

Language
Englisch

Bibliographic citation
Series: Working Paper ; No. 2018-02

Classification
Wirtschaft
International Migration
Higher Education; Research Institutions
Human Capital; Skills; Occupational Choice; Labor Productivity
Subject
Labor mobility
Brain drain
Brain Waste
Psychological costs
Higher education
Mismatch Costs
Return Migration
Quality of education

Event
Geistige Schöpfung
(who)
Brezis, Elise S.
Event
Veröffentlichung
(who)
Bar-Ilan University, Department of Economics
(where)
Ramat-Gan
(when)
2018

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Brezis, Elise S.
  • Bar-Ilan University, Department of Economics

Time of origin

  • 2018

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