Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/70110
Authors: 
Stark, Oded
Prskawetz, Alexia
Helmenstein, Christian
Year of Publication: 
1997
Series/Report no.: 
Reihe Ökonomie / Economics Series, Institut für Höhere Studien (IHS) 45
Abstract: 
We study human capital depletion and formation in an economy open to out-migration, as opposed to an economy which is closed. Under the natural assumption of asymmetric information, the enlarged opportunities and the associated different structure of incentives can give rise to a brain gain in conjunction with a brain drain. Migration by high-skill members of its workforce notwithstanding, the home country can end up with a higher average level of human capital per worker.
Subjects: 
- migration
brain drain
skill formation
asymmetric information
JEL: 
F22
J24
J61
Document Type: 
Working Paper

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