Fiche du document
30 mai 2015
- handle: 10670/1.32h7qo
- hal: hal-01158239
info:eu-repo/semantics/OpenAccess
Mots-clés
human capital formation brain gain brain drain international migration sunk costs educational grants self-selection asymmetric information F - International Economics/F.F2 - International Factor Movements and International Business/F.F2.F22 - International Migration D - Microeconomics/D.D8 - Information, Knowledge, and Uncertainty/D.D8.D82 - Asymmetric and Private Information • Mechanism Design I - Health, Education, and Welfare/I.I2 - Education and Research Institutions/I.I2.I25 - Education and Economic Development I - Health, Education, and Welfare/I.I2 - Education and Research Institutions/I.I2.I28 - Government Policy J - Labor and Demographic Economics/J.J2 - Demand and Supply of Labor/J.J2.J24 - Human Capital • Skills • Occupational Choice • Labor ProductivitySujets proches
Students--Education Children--Education Education of children Schooling Pedagogy Youth--Education Instruction Education, Primitive Human resource developmentCiter ce document
Bernard Franck et al., « Human Capital Formation, International Labor Mobility and the Optimal Design of Educational Grants », HAL-SHS : économie et finance, ID : 10670/1.32h7qo
Métriques
Partage / Export
Résumé
A two-country, two-period model of international migration with heterogeneous agents highlights microeconomic foundations for examining the interrelation between brain drain, brain gain and whether human capital formation is undertaken at home or abroad. Ex ante choices regarding where to study depend on abilities, relative qualities of university systems, sunk educational investments, government grants, and endogenously determined, individual foreign employment probabilities. Self-selection critically defines an inherently wide-range of conceivably positive or negative net welfare effects. The optimal design of alternative educational grant schemes, aimed at enhancing the source country’s welfare, also depends on the heterogeneity of abilities and associated informational assumptions.