L'économie de la fuite des cerveaux prise à contre-pied

Translated title of the contribution: The economics of the brain drain turned on its head

Research output: Contribution to journalArticlepeer-review

Abstract

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.

Translated title of the contributionThe economics of the brain drain turned on its head
Original languageFrench
Pages (from-to)137-150
Number of pages14
JournalRevue d'Economie du Developpement
Volume17
Issue number2-3
DOIs
StatePublished - 2003
Externally publishedYes

Fingerprint

Dive into the research topics of 'The economics of the brain drain turned on its head'. Together they form a unique fingerprint.

Cite this