The Dynamics of Return Migration, Human Capital Accumulation and Wage Assimilation PDF Download
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Author: Jérôme Adda
Publisher:
ISBN:
Category : Emigration and immigration
Languages : en
Pages : 43
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Book Description
This paper develops and estimates a dynamic model where individuals differ in ability and location preference to evaluate the mechanisms that affect the evolution of immigrants' careers in conjunction with their re-migration plans. Our analysis highlights a novel form of selective return migration where those who plan to stay longer invest more into skill acquisition, with important implications for the assessment of immigrants' career paths and the estimation of their earnings profiles. Our study also explains the willingness of immigrants to accept jobs at wages that seem unacceptable to natives. Finally, our model provides important insight for the design of migration policies, showing that policies which initially restrict residence or condition residence on achievement shape not only immigrants' career profiles through their impact on human capital investment but also determine the selection of arrivals and leavers.
Author: Jérôme Adda
Publisher:
ISBN:
Category : Emigration and immigration
Languages : en
Pages : 43
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Book Description
This paper develops and estimates a dynamic model where individuals differ in ability and location preference to evaluate the mechanisms that affect the evolution of immigrants' careers in conjunction with their re-migration plans. Our analysis highlights a novel form of selective return migration where those who plan to stay longer invest more into skill acquisition, with important implications for the assessment of immigrants' career paths and the estimation of their earnings profiles. Our study also explains the willingness of immigrants to accept jobs at wages that seem unacceptable to natives. Finally, our model provides important insight for the design of migration policies, showing that policies which initially restrict residence or condition residence on achievement shape not only immigrants' career profiles through their impact on human capital investment but also determine the selection of arrivals and leavers.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451921330
Category : Business & Economics
Languages : en
Pages : 40
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Book Description
This paper analyses the impact of government tax and subsidy policy on immigration of human capital and the effect of such immigration on growth and incomes. In the context of a two-country endogenous growth model with heterogeneous agents and human capital accumulation, we argue that human capital flight or “brain drain” arising out of wage differentials, say because of differences in income tax rates or technology, can bring about a reduction in the steady state growth rate of the country of emigration. Additionally, permanent difference in the growth rates as well as incomes between the two countries can occur making convergence unlikely. While in a closed economy, tax-financed increases in subsidy to education can have a positive effect on growth, such a policy can have a negative effect on growth when human capital flight is taking place. Since subsidizing higher education is more likely to induce substantial brain drain, it is likely to be inferior to subsidy to lower levels of education if growth is to be increased.
Author: Dörte Dömeland
Publisher: World Bank Publications
ISBN:
Category : Comparative Advantage
Languages : en
Pages : 54
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Book Description
This study provides empirical evidence that trade increases on-the-job human capital accumulation by estimating the effect of home country openness on estimated returns to home country experience of U.S. immigrants. The positive effect of trade on on-the-job human capital accumulation remains significant when controlling for GDP, educational attainment, and institutional quality. It is not the result of self-selection, heterogeneity in returns to experience, English-speaking origin, or cultural background. The effect persists when restricting the sample to non-OECD countries, thereby resolving the theoretical ambiguity of whether trade increases or decreases learning-by-doing. The role of trade in generating economic growth is therefore likely to be more important than generally considered.
Author: Leilanie Basilio
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
This paper investigates the transferability of human capital from various countries to Germany and the contribution of imperfect human capital portability to the explanation of the immigrant-native wage gap. Our results reveal that, overall, education and, in particular, labor market experience accumulated in the home countries of the immigrants receive significantly lower returns than human capital obtained in Germany. We further find evidence for heterogeneity in the returns to human capital of immigrants across countries. Finally, imperfect human capital transferability appears to be a major factor in explaining the wage differential between natives and immigrants.
Author: Oded Stark
Publisher: JAI Press(NY)
ISBN: 9780892324163
Category : Business & Economics
Languages : en
Pages : 200
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Book Description
Research papers, migration, human capital, economic and social development, theory, Southern Africa, Mexico, USA - labour market, transferable skill, return migration, trade, international migration, brain drain, temporary workers, unskilled workers, skilled workers, irregular migrants, home country, host country, wage differential, miners, agricultural development, rural migration, urbanization, household, family, information source, decision making. Graphs, references, statistical tables. ILO mentioned.
Author: Leilanie Basilio
Publisher:
ISBN: 9783867881838
Category :
Languages : en
Pages : 33
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Book Description
Author: Dorte Domeland
Publisher:
ISBN:
Category :
Languages : en
Pages : 54
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Book Description
This study provides empirical evidence that trade increases on-the-job human capital accumulation by estimating the effect of home country openness on estimated returns to home country experience of U.S. immigrants. The positive effect of trade on on-the-job human capital accumulation remains significant when controlling for GDP, educational attainment, and institutional quality. It is not the result of self-selection, heterogeneity in returns to experience, English-speaking origin, or cultural background. The effect persists when restricting the sample to non-OECD countries, thereby resolving the theoretical ambiguity of whether trade increases or decreases learning-by-doing. The role of trade in generating economic growth is therefore likely to be more important than generally considered.
Author: Junjie Guo
Publisher:
ISBN:
Category :
Languages : en
Pages : 288
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Book Description
The three chapters of my dissertation explore the role of human capital externalities in accounting for the geographic variation in both wage level and wage growth, and the role of search capital in understanding the patterns of interstate migration in the US. Chapter 1 shows that wage grows faster with experience in labor markets with larger shares of college-educated workers (college share). An instrumental variable and panel data with individual fixed effects are used to address the potential endogeneity of college share and the sorting of workers across labor markets respectively. The effect of the college share of a labor market is shown to persist after workers leave the market, suggesting that a larger college share raises returns to experience through the accumulation of human capital valuable in all markets. In chapter 2, using measures of Compulsory Schooling Laws as instruments for state average schooling, we find that one more year of average schooling leads to a 6-8% increase in individual wages. The effect is statistically significant and robust to different specifications. We construct a model where the average human capital of an economy is allowed to affect the productivity of a typical firm in the economy. We estimate that the elasticity of a firm's productivity with respect to the average human capital of the economy is around 0.121. Chapter 3 builds a model of job search and migration with search capital to understand two major patterns of interstate migration in the US: (1) Around 90% of migrants move in order to take a new job or for job transfer rather than to look for work, and (2) over half of all moves are repeated and return migration. The model allows workers to receive job offers from all locations in the economy and to accumulate search capital that increases the location-specific job arrival rate. The model explains both migration patterns under reasonable parameters.
Author: D??rte D??meland
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
This study provides empirical evidence that trade increases on-the-job human capital accumulation by estimating the effect of home country openness on estimated returns to home country experience of U.S. immigrants. The positive effect of trade on on-the-job human capital accumulation remains significant when controlling for GDP, educational attainment, and institutional quality. It is not the result of self-selection, heterogeneity in returns to experience, English-speaking origin, or cultural background. The effect persists when restricting the sample to non-OECD countries, thereby resolving the theoretical ambiguity of whether trade increases or decreases learning-by-doing. The role of trade in generating economic growth is therefore likely to be more important than generally considered.
Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
ISBN: 0309444454
Category : Social Science
Languages : en
Pages : 643
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Book Description
The Economic and Fiscal Consequences of Immigration finds that the long-term impact of immigration on the wages and employment of native-born workers overall is very small, and that any negative impacts are most likely to be found for prior immigrants or native-born high school dropouts. First-generation immigrants are more costly to governments than are the native-born, but the second generation are among the strongest fiscal and economic contributors in the U.S. This report concludes that immigration has an overall positive impact on long-run economic growth in the U.S. More than 40 million people living in the United States were born in other countries, and almost an equal number have at least one foreign-born parent. Together, the first generation (foreign-born) and second generation (children of the foreign-born) comprise almost one in four Americans. It comes as little surprise, then, that many U.S. residents view immigration as a major policy issue facing the nation. Not only does immigration affect the environment in which everyone lives, learns, and works, but it also interacts with nearly every policy area of concern, from jobs and the economy, education, and health care, to federal, state, and local government budgets. The changing patterns of immigration and the evolving consequences for American society, institutions, and the economy continue to fuel public policy debate that plays out at the national, state, and local levels. The Economic and Fiscal Consequences of Immigration assesses the impact of dynamic immigration processes on economic and fiscal outcomes for the United States, a major destination of world population movements. This report will be a fundamental resource for policy makers and law makers at the federal, state, and local levels but extends to the general public, nongovernmental organizations, the business community, educational institutions, and the research community.
