Education, redistribution, and the threat of brain drain
By: Alexander Haupt, Eckhard Janeba.
Contributors: Janeba, Eckhard.; National Bureau of Economic Research.
Series: NBER working paper series ;; working paper 10618; Working paper series (National Bureau of Economic Research : Online) ;; working paper no. 10618.
Publisher: National Bureau of Economic Research
Published: 2004
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Subjects: Brain drain.
Description: "This paper analyzes the relationship between brain drain, human capital accumulation and individual net incomes in the presence of a redistributional tax policy, credit market constraints, administrative costs of tax collection, and lack of government commitment.  We characterize how decreasing migration costs for skilled workers affect the time-consistent policies of a government that wants to shift resources from skilled to unskilled workers.  In our main result we show that a decline in migration costs is Pareto improving when migration costs are high, but have ambiguous effects when these costs are low.  Moreover, mobility costs and human capital accumulation are positively correlated"--National Bureau of Economic Research web site.
Notes: Includes bibliographical references.
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Mode of access: World Wide Web.