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Economies 2016, 4(3), 17; doi:10.3390/economies4030017

Why Migrate: For Study or for Work?

Department of Economics, Bar-Ilan University, Ramat Gan, 52900, Israel
Academic Editor: Jacques Poot
Received: 16 November 2015 / Revised: 4 August 2016 / Accepted: 5 August 2016 / Published: 17 August 2016
(This article belongs to the Special Issue Long-Run Economic Impacts of International Migration)
View Full-Text   |   Download PDF [439 KB, uploaded 17 August 2016]   |  

Abstract

Over the past decades, globalization has led to a huge increase in the migration of workers, as well as students. This paper develops a simple two-step model that describes the decisions of an individual vis-à-vis education and migration, and presents a unified model, wherein the two migration decisions are combined into a single, unique model. This paper shows that under the plausible assumption that costs of migration differ over the human life cycle, the usual brain drain strategy is sub-optimal. With an increase in globalization, the brain drain strategy will be replaced by the strategy of migration of students. View Full-Text
Keywords: brain drain; globalization; higher education; human capital; migration; mobility brain drain; globalization; higher education; human capital; migration; mobility
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This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (CC BY 4.0).

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Brezis, E.S. Why Migrate: For Study or for Work? Economies 2016, 4, 17.

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