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1 octobre 2009
- handle: 10670/1.ltnarw
- hal: hal-00421166
info:eu-repo/semantics/OpenAccess
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Political thought Government Political theory Civil government Commonwealth, The Science, Political Administration Politics Human assets Human beings--Economic value Human resources Cerebrum MindCiter ce document
Bernard Franck et al., « International Human Capital Formation, Brain Drain and Brain Gain: A conceptual Framework », HAL-SHS : droit et gestion, ID : 10670/1.ltnarw
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A two-country, two-period model of international migration highlights microeconomic foundations for examining the interrelation between brain drain, brain gain and the location of human capital formation, at home or abroad. Ex ante choices regarding where to study depend on relative qualities of university systems, individuals' abilities, sunk educational investment costs, government grants, and expected employment prospects in both countries. The analysis underscores an inherently widerange of conceivable positive or negative effects on domestic net welfare. These changes depend critically on the foregoing factors, as well as the optimal design of educational grant schemes, given eventual informational imperfections regarding individuals' capabilities.