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.
- Language
-
Englisch
- Bibliographic citation
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Series: ZEF Discussion Papers on Development Policy ; No. 71
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Stark, Oded
- Event
-
Veröffentlichung
- (who)
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University of Bonn, Center for Development Research (ZEF)
- (where)
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Bonn
- (when)
-
2003
- DOI
-
doi:10.22004/ag.econ.18770
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Stark, Oded
- University of Bonn, Center for Development Research (ZEF)
Time of origin
- 2003
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