Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/140793
Authors: 
Stark, Oded
Fan, C. Simon
Year of Publication: 
2006
Series/Report no.: 
CMR Working Papers 9/67
Abstract: 
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.
Subjects: 
International migration
Human capital formation
"Educated unemployment"
Beneficial brain drain
JEL: 
F22
J24
J61
J64
O15
Document Type: 
Working Paper

Files in This Item:
File
Size
313.99 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.