TY - JOUR
T1 - L'économie de la fuite des cerveaux prise à contre-pied
AU - Stark, Oded
N1 - Funding Information:
This paper is the text of the Tjalling Koopmans Distinguished Lecture delivered by the author at the International Institute for Advanced Systems Analysis (IIASA) in March 2003. The paper draws on University of Bonn, Center for Development Research, Discussion Papers on Development Policy, Paper No. 11 (1999), and on Institute for Advanced Studies, Vienna, Economics Series, Paper No. 100 (2001). Partial financial support from the Humboldt Foundation, the Sohmen Foundation, and the School of Economics and Finance at the University of Hong Kong is gratefully acknowledged.
PY - 2003
Y1 - 2003
N2 - When productivity is fostered by both the individual's human capital and by the average level of human capital in the economy, individuals under-invest in human capital. A strictly positive probability of migration to a richer country, by raising both the level of human capital formed by optimizing individuals in the home country and the average level of human capital of non-migrants in the country, can enhance welfare and nudge the economy toward the social optimum. Under a well-controlled restrictive migration policy the welfare of all workers is higher than in the absence of this policy.
AB - When productivity is fostered by both the individual's human capital and by the average level of human capital in the economy, individuals under-invest in human capital. A strictly positive probability of migration to a richer country, by raising both the level of human capital formed by optimizing individuals in the home country and the average level of human capital of non-migrants in the country, can enhance welfare and nudge the economy toward the social optimum. Under a well-controlled restrictive migration policy the welfare of all workers is higher than in the absence of this policy.
UR - http://www.scopus.com/inward/record.url?scp=26244437577&partnerID=8YFLogxK
U2 - 10.3917/edd.172.0137
DO - 10.3917/edd.172.0137
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AN - SCOPUS:26244437577
VL - 17
SP - 137
EP - 150
JO - Revue d'Economie du Developpement
JF - Revue d'Economie du Developpement
SN - 1245-4060
IS - 2-3
ER -
