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Migration of the highly skilled: Can Europe catch up with the US?

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  • Mechtenberg, Lydia
  • Strausz, Roland

Abstract

We develop a model to analyze the determinants and effects of an endogenous imperfect transferability of human capital on natives and immigrants. The model reveals that high migration flows and high skill-transferability are mutually interdependent. Moreover, we show that high mobility within a Federation is necessary to attract highly skilled immigrants into the Federation. We study in how far and in what way the European public policy behind the Bologna and the Lisbon Process can contribute to higher mobility in Europe.

Suggested Citation

  • Mechtenberg, Lydia & Strausz, Roland, 2009. "Migration of the highly skilled: Can Europe catch up with the US?," SFB 649 Discussion Papers 2009-048, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
    • Handle: RePEc:zbw:sfb649:sfb649dp2009-048
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    References listed on IDEAS

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    More about this item

    Keywords

    human capital; migration; transferability; public policy;
    All these keywords.

    JEL classification:

    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • H77 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Intergovernmental Relations; Federalism
    • I28 - Health, Education, and Welfare - - Education - - - Government Policy

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