TY - JOUR
T1 - International migration and "educated unemployment"
AU - FAN, Chengze, Simon
AU - STARK, Oded
PY - 2007/5/1
Y1 - 2007/5/1
N2 - This paper provides a novel explanation of "educated unemployment", which is a salient feature of the labor markets in a number of developing countries. In a simple job-search framework we show that "educated unemployment" is caused by the prospect of international migration, that is, by the possibility of a "brain drain". In addition, the analysis shows that a developing country may end up with more educated workers despite the brain drain and educated unemployment.
AB - This paper provides a novel explanation of "educated unemployment", which is a salient feature of the labor markets in a number of developing countries. In a simple job-search framework we show that "educated unemployment" is caused by the prospect of international migration, that is, by the possibility of a "brain drain". In addition, the analysis shows that a developing country may end up with more educated workers despite the brain drain and educated unemployment.
KW - "Educated unemployment"
KW - Beneficial brain drain
KW - Human capital formation
KW - International migration
UR - http://commons.ln.edu.hk/sw_master/2586
UR - http://www.scopus.com/inward/record.url?scp=33845593605&partnerID=8YFLogxK
U2 - 10.1016/j.jdeveco.2006.05.002
DO - 10.1016/j.jdeveco.2006.05.002
M3 - Journal Article (refereed)
SN - 0304-3878
VL - 83
SP - 76
EP - 87
JO - Journal of Development Economics
JF - Journal of Development Economics
IS - 1
ER -
