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Global talent flows

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  • Pekkala Kerr, Sari
  • Kerr, William
  • Özden, Çağlar
  • Parsons, Christopher

Abstract

The global distribution of talent is highly skewed and the resources available to countries to develop and utilize their best and brightest vary substantially. The migration of skilled workers across countries tilts the deck even further. Using newly available data, we first review the landscape of global talent mobility, which is both asymmetric and rising in importance. We next consider the determinants of global talent flows at the individual and firm levels and sketch some important implications. Third, we review the national gatekeepers for skilled migration and broad differences in approaches used to select migrants for admission. Looking forward, the capacity of people, firms, and countries to successfully navigate this tangled web of global talent will be critical to their success.

Suggested Citation

  • Pekkala Kerr, Sari & Kerr, William & Özden, Çağlar & Parsons, Christopher, 2017. "Global talent flows," Research Discussion Papers 2/2017, Bank of Finland.
  • Handle: RePEc:bof:bofrdp:2017_002
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    Cited by:

    1. Elveren, Adem Yavuz & Toksöz, Gülay, 2017. "Why Don’t Highly Skilled Women Want to Return? Turkey’s Brain Drain from a Gender Perspective," MPRA Paper 80290, University Library of Munich, Germany.
    2. repec:oup:jecgeo:v:17:y:2017:i:5:p:1009-1038. is not listed on IDEAS
    3. repec:eee:regeco:v:66:y:2017:i:c:p:91-107 is not listed on IDEAS
    4. Orazbayev, Sultan, 2017. "Immigration barriers and net brain drain," MPRA Paper 78058, University Library of Munich, Germany.
    5. Sari Pekkala Kerr & William Kerr & Çağlar Özden & Christopher Parsons, 2017. "High-Skilled Migration and Agglomeration," Annual Review of Economics, Annual Reviews, pages 201-234.
    6. Leonardo Costa Ribeiro & Márcia Siqueira Rapini & Leandro Alves Silva & Eduardo da Motta e Albuquerque, 2017. "Cross-border co-authorships in scientific articles and knowledge flows: implications for investigating an emerging international system of innovation," Textos para Discussão Cedeplar-UFMG 553, Cedeplar, Universidade Federal de Minas Gerais.
    7. repec:spr:italej:v:3:y:2017:i:2:d:10.1007_s40797-017-0054-2 is not listed on IDEAS
    8. Ansgar Belke & Christian Dreger & Irina Dubova, 2016. "On the Exposure of the BRIC Countries to Global Economic Shocks," Discussion Papers of DIW Berlin 1594, DIW Berlin, German Institute for Economic Research.
    9. Razin, Assaf, 2017. "Global Skill-Based Immigration Policies and Israel's Brain Drain," CEPR Discussion Papers 11903, C.E.P.R. Discussion Papers.
    10. Assaf Razin, 2017. "Globalization Policies and Israel’s Brain Drain," NBER Working Papers 23251, National Bureau of Economic Research, Inc.
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    More about this item

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F22 - International Economics - - International Factor Movements and International Business - - - International Migration
    • J15 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • J44 - Labor and Demographic Economics - - Particular Labor Markets - - - Professional Labor Markets and Occupations
    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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