Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/46264
Authors: 
Azarnert, Leonid V.
Year of Publication: 
2011
Series/Report no.: 
CESifo working paper: Fiscal Policy, Macroeconomics and Growth 3429
Abstract: 
This work focuses on a temporary guest-worker-type migration of individuals from the middle class of the wealth distribution. The article demonstrates that the possibility of a lowskilled guest-worker employment in a higher wage foreign country lowers the relative attractiveness of the skilled employment in the home country. Thus it prevents a fraction of individuals from acquiring human capital. Therefore, even if all individuals who acquired education remain in the home country, the actual number of educated workers in the source economy decreases, and the aggregate level of human capital in this economy would thus be negatively affected.
Subjects: 
migration
human capital
fertility
brain drain
economic growth
JEL: 
F22
F43
J13
J24
J61
O15
Document Type: 
Working Paper

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