International Migration and "Educated Unemployment"
This paper provides a novel explanation of "educated unemployment," which is a salient feature of the labor markets in a number of developing countries. In a simple job-search framework we show that "educated unemployment" is caused by the perspective of international migration, that is, by the possibility of a "brain drain." In addition, the analysis shows that a developing country may end up with more educated workers despite the brain drain and educated unemployment.
|Date of creation:||2006|
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- Stark, Oded & Wang, Yong, 2002.
"Inducing human capital formation: migration as a substitute for subsidies,"
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"Human Capital Depletion, Human Capital Formation, and Migration. A Blessing in a "Curse"?,"
55, Institute for Advanced Studies.
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- Oded Stark & Christian Helmenstein & Alexia Prskawetz, 1998. "Human Capital Depletion, Human Capital Formation, and Migration: A Blessing in a "Curse"?," Departmental Working Papers _096, Chinese University of Hong Kong, Department of Economics.
- repec:pri:indrel:dsp01fb494841t is not listed on IDEAS
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"Efficient Unemployment Insurance,"
NBER Working Papers
6686, National Bureau of Economic Research, Inc.
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"Education, Unemployment, and Earnings,"
Journal of Political Economy,
University of Chicago Press, vol. 87(5), pages 99-116, October.
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"A Brain Gain with a Brain Drain,"
45, Institute for Advanced Studies.
- Mountford, Andrew, 1997. "Can a brain drain be good for growth in the source economy?," Journal of Development Economics, Elsevier, vol. 53(2), pages 287-303, August.
- Stark, Oded, 2003.
"Rethinking The Brain Drain,"
18770, University of Bonn, Center for Development Research (ZEF).
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