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Brain drain and economic growth: theory and evidence
We focus on the impact of migration prospects on human capital formation and growth in a small, open developing economy. We assume that agents are heterogeneous in skills and take their educational
Brain Drain and Human Capital Formation in Developing Countries: Winners and Losers
The brain drain has long been viewed as a serious constraint on poor countries development. However, recent theoretical literature suggests that emigration prospects can raise the expected return to
Network effects and the dynamics of migration and inequality: Theory and evidence from Mexico
International migration is costly and initially only the middle class of the wealth distribution may have both the means and incentives to migrate, which can increase inequality in the sending
Globalization, Brain Drain and Development
This paper reviews four decades of economics research on the brain drain, with a focus on recent contributions and on development issues. We first assess the magnitude, intensity and determinants of
Can migration reduce educational attainment? Evidence from Mexico
This paper examines the impact of migration on educational attainment in rural Mexico. Using historical migration rates to instrument for current migration, we find evidence of a significant negative
The Economics of Migrants' Remittances
This chapter reviews the recent theoretical and empirical economic literature on migrants' remittances. It is divided between a microeconomic section on the determinants of remittances and a
Birthplace diversity and economic prosperity
We propose an index of population diversity based on people’s birthplaces and decompose it into a size (share of immigrants) and a variety (diversity of immigrants) component. We show that birthplace
Emigration and Democracy
International migration is an important determinant of institutions, not considered so far in the development literature. Using cross-sectional and panel estimation for a large sample of developing
International labor and capital flows: Complements or substitutes?
In a global context, foreign direct investment (FDI) and migration substitute one another in the matching process between workers and firms. Yet, migrants provide information about future investment
Remittances and the Brain Drain Revisited: The Microdata Show that More Educated Migrants Remit More
Two of the most salient trends surrounding the issue of migration and development over the past two decades are the large rise in remittances, and an increased flow of skilled migration. However,