Arbeitspapier
Rethinking the brain drain
When productivity is fostered by both the individual's human capital and by the average level of human capital in the economy, individuals under-invest in human capital. A strictly positive probability of migration to a richer country, by raising both the level of human capital formed by optimizing individuals in the home country and the average level of human capital of non-migrants in the country, can enhance welfare and nudge the economy toward the social optimum. Under a well-controlled restrictive migration policy the welfare of all workers is higher than in the absence of this policy.
- Sprache
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Englisch
- Erschienen in
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Series: ZEF Discussion Papers on Development Policy ; No. 71
- Klassifikation
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Wirtschaft
- Ereignis
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Geistige Schöpfung
- (wer)
-
Stark, Oded
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Bonn, Center for Development Research (ZEF)
- (wo)
-
Bonn
- (wann)
-
2003
- DOI
-
doi:10.22004/ag.econ.18770
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Stark, Oded
- University of Bonn, Center for Development Research (ZEF)
Entstanden
- 2003