Title

International migration and "educated unemployment"

Document Type

Journal article

Source Publication

Journal of Development Economics

Publication Date

5-1-2007

Volume

83

Issue

1

First Page

76

Last Page

87

Keywords

"Educated unemployment", Beneficial brain drain, Human capital formation, International migration

Abstract

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.

DOI

10.1016/j.jdeveco.2006.05.002

Print ISSN

03043878

E-ISSN

18726089

Publisher Statement

Copyright © 2006 Elsevier B.V.

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Full-text Version

Publisher’s Version

Recommended Citation

Fan, C. S., & Stark, O. (2007). International migration and "educated unemployment". Journal of Development Economics, 83(1), 76-87. doi: 10.1016/j.jdeveco.2006.05.002