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mai 2022
- handle: 10670/1.ba48vq
- hal: hal-03396049
- doi: 10.1111/roie.12570
Ce document est lié à :
info:eu-repo/semantics/altIdentifier/doi/10.1111/roie.12570
Mots-clés
Human capital investment Immigration Real options Skilled labor J - Labor and Demographic Economics/J.J2 - Demand and Supply of Labor/J.J2.J24 - Human Capital • Skills • Occupational Choice • Labor Productivity J - Labor and Demographic Economics/J.J6 - Mobility, Unemployment, Vacancies, and Immigrant Workers/J.J6.J61 - Geographic Labor Mobility • Immigrant WorkersSujets proches
Human assets Human beings--Economic value Human resourcesCiter ce document
Baran Siyahhan et al., « Optimal investment in human capital under migration uncertainty », HALSHS : archive ouverte en Sciences de l’Homme et de la Société, ID : 10.1111/roie.12570
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Résumé
This paper develops a model of optimal education investment under uncertainty for an agent with an emigration option. We distinguish between local (country-specific) and global human capital and analyze the role of migration opportunities in human capital accumulation of different types. The analysis shows that human capital accumulation depends on the level of uncertainty and the transferability of human capital across countries. Allowing for human capital investment in the destination country and easier transferability of both local and global human capital exacerbate brain drain.