TY - JOUR
T1 - Human capital depletion, human capital formation, and migration
T2 - A blessing or a "curse"?
AU - Stark, Oded
AU - Helmenstein, Christian
AU - Prskawetz, Alexia
N1 - Funding Information:
We are indebted to Jaroslava Hlouskova and Atle Seierstad for insightful comments. Partial financial support from the Austrian Science Foundation under contract number P10967-SOZ is gratefully acknowledged.
PY - 1998/9/1
Y1 - 1998/9/1
N2 - We specify conditions under which a strictly positive probability of employment in a foreign country raises the level of human capital formed by optimizing workers in the home country. While some workers migrate, "taking along" more human capital than if they had migrated without factoring in the possibility of migration (a form of brain drain), other workers stay at home with more human capital than they would have formed in the absence of the possibility of migration (a form of brain gain).
AB - We specify conditions under which a strictly positive probability of employment in a foreign country raises the level of human capital formed by optimizing workers in the home country. While some workers migrate, "taking along" more human capital than if they had migrated without factoring in the possibility of migration (a form of brain drain), other workers stay at home with more human capital than they would have formed in the absence of the possibility of migration (a form of brain gain).
KW - F22
KW - Human capital formation
KW - J24
KW - Migration
UR - http://www.scopus.com/inward/record.url?scp=0032346752&partnerID=8YFLogxK
U2 - 10.1016/s0165-1765(98)00125-6
DO - 10.1016/s0165-1765(98)00125-6
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AN - SCOPUS:0032346752
VL - 60
SP - 363
EP - 367
JO - Economics Letters
JF - Economics Letters
SN - 0165-1765
IS - 3
ER -