search query: @indexterm labour mobility / total: 226
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Author: | Fan, C.S. Stark, O. |
Title: | The brain drain, 'educated unemployment', human capital formation, and economic betterment |
Journal: | Economics of transition
2007 : VOL. 15:4, p. 629-660 |
Index terms: | brain drain human capital social welfare unemployment education migration labour mobility transition economies |
Freeterms: | human capital formation educated unemployment overeducation |
Language: | eng |
Abstract: | Positive and negative effects of labour migration in developing countries are examined in order to extend the harmful brain drain literature. This paper uses a framework of partial equilibrium to analyze the relation between brain drain and brain gain. According to the analysis in the short run international migration of skilled individuals can result in educated unemployment, brain drain and over education in developing countries. However, in the long term the social welfare of skilled individuals who stay behind will improve. |
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