Based on static partial equilibrium analysis, the "new brain drain" literature argues that, by raising the return to education, a brain drain generates a brain gain that is, under certain conditions, larger than the brain drain itself, and that such a net brain gain results in an increase in welfare and growth due to education's positive externalities. This paper argues that these claims are exaggerated. In the static case, and based on both partial...
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INFORMATION
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2005/09/01
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Document de travail de recherche sur les politiques
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WPS3708
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1
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1
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2010/07/01
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Disclosed
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Brain gain : claims about its size and impact on welfare and growth are greatly exaggerated
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Brain Drain
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