000027891 001__ 27891
000027891 005__ 20131209145627.0
000027891 0248_ $$aoai:doc.rero.ch:20111201140845-EX$$pinfonet_economy$$punifr$$prero_explore$$pcdu33$$preport$$zthesis_urn$$zthesis$$zbook$$zjournal$$zcdu16$$zpostprint$$zpreprint$$zcdu1$$zdissertation$$zcdu34
000027891 041__ $$aeng
000027891 080__ $$a33
000027891 100__ $$aGrossmann, Volker
000027891 245__ $$9eng$$aDoes High-Skilled Migration Affect Publicly Financed Investments ?
000027891 269__ $$c2009-10-14
000027891 300__ $$a37
000027891 490__ $$aWorking Papers SES$$v413
000027891 520__ $$9eng$$aThis paper analyzes the interaction between migration of high-skilled labor and publicly financed investment. We develop a theoretical model with multiple, ex ante identical jurisdictions where individuals decide on education and subsequent emigration. Migration decisions are based on differences in net income across jurisdictions which endogenously may occur. The interaction between income differences and migration flows gives rise to the potential of multiple equilibria: a symmetric equilibrium without migration and an asymmetric equilibrium in which net income levels differ among jurisdictions and trigger migration flows. In the former equilibrium, all jurisdictions have the same public investment level. In the latter one, public investment is high in host economies of skilled expatriates and low in source economies. We empirically test the hypothesis that emigration rates are negatively associated with various kinds of publicly .nanced investment levels for OECD countries.
000027891 695__ $$9eng$$aHigh-skilled migration ; Human capital externalities ; Publicly financed investment
000027891 700__ $$aStadelmann, David
000027891 775__ $$gFaculté SES$$ohttp://www.unifr.ch/ses/wp
000027891 8564_ $$fWP_SES_413.pdf$$qapplication/pdf$$s444600$$uhttp://doc.rero.ch/record/27891/files/WP_SES_413.pdf$$yorder:1$$zDocument
000027891 918__ $$aFaculté des sciences économiques et sociales$$bDécanat, Av. de l'Europe 20, 1700 Fribourg
000027891 919__ $$aUniversité de Fribourg$$bFribourg$$ddoc.support@rero.ch
000027891 980__ $$aREPORT$$bUNIFR
000027891 982__ $$aWorking Papers SES
000027891 990__ $$a20111201140845-EX