Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/70291 
Year of Publication: 
1998
Series/Report no.: 
Reihe Ökonomie / Economics Series No. 55
Publisher: 
Institute for Advanced Studies (IHS), Vienna
Abstract: 
We specify conditions under which a strictly positive probability of employment in a foreign country raises the level of human capital formed by optimizing workers in the home country. While some workers migrate, taking along more human capital than if they had migrated without factoring in the possibility of migration (a form of brain drain), other workers stay at home with more human capital than they would have formed in the absence of the possibility of migration (a form of brain gain).
Subjects: 
human capital formation
migration
JEL: 
J24
F22
Document Type: 
Working Paper

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