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Economic analysis of brain drain

Lien, Da-Hsiang Donald (1987) Economic analysis of brain drain. Communists and Post-Communists Studies, 25 (1). pp. 33-43. ISSN 0304-3878. https://resolver.caltech.edu/CaltechAUTHORS:20171113-161101903

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Abstract

In this paper, we consider the brain drain problem arising from the possibility of signaling and individual's two-stage decision procedures within an asymmetric information framework. Where the ranking of the universities provides a signal to domestic employers, our results indicate that, at rational expectations equilibrium, there is an association between students of a particular quality and corresponding qualities of universities they will choose to attend to attain Ph.D.'s. Moreover, we can predict whether these graduating Ph.D.'s choose to return home or remain abroad.


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https://doi.org/10.1016/0304-3878(87)90073-3DOIArticle
http://www.sciencedirect.com/science/article/pii/0304387887900733PublisherArticle
http://resolver.caltech.edu/CaltechAUTHORS:20170918-141006507Related ItemWorking Paper
Additional Information:© 1987, Elsevier Science Publishers B.V. (North-Holland). Received March 1985, final version received October 1985. I am grateful to Richard McKelvey, Leonid Hurwicz, Joel Sobel, Robert Bates, James Quirk, Jack Williamson, and anonymous referees for valuable comments. Of course, all errors remain mine. Formerly SSWP 556.
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ID Code:83175
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Deposited By: Jacquelyn Bussone
Deposited On:15 Nov 2017 23:42
Last Modified:03 Oct 2019 19:03

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