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Selective immigration policies, human capital accumulation and migration duration in infinite horizon

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  • Magris, Francesco
  • Russo, Giuseppe

Abstract

An increasing literature fosters selective immigration policies as a tool to increase human capital in both source and destination countries. These policies are supposed to prompt incentives to education, and-if selection is sufficiently severe-to increase the human capital stock in source countries. Nonetheless, when compared to open migration, selective policies make returns to education uncertain, and they may harm incentives to invest in human capital. As a consequence, they may reduce the human capital stock even though selection is "severe". Moreover, when repeated migration is possible, they backfire on migration duration. We obtain our results in an infinite-horizon model that, unlike the current literature, places no restriction on the number of possible migration spells and allows for the possibility of a forced emigration.

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Bibliographic Info

Article provided by Elsevier in its journal Research in Economics.

Volume (Year): 63 (2009)
Issue (Month): 2 (June)
Pages: 114-126

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Handle: RePEc:eee:reecon:v:63:y:2009:i:2:p:114-126

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Web page: http://www.elsevier.com/locate/inca/622941

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Keywords: Migration duration Human capital Selective policies Brain gain Brain drain;

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Cited by:
  1. Giuseppe Russo, 2011. "Voting over Selective Immigration Policies with Immigration Aversion," CSEF Working Papers 289, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
  2. Sergio Vergalli, 2011. "Entry and Exit Strategies in Migration Dynamics," Journal of Labor Research, Springer, vol. 32(4), pages 362-389, December.

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