Economies, vol. 4(3), MDPI, 2016 Aug, pp. 1-12
Professor of Economics
Head, Forum Macro of Israel
Bar-Ilan University, Israel
Brezis, E. S. (2016). Why Migrate: For Study or for Work? Economies, 4(3), 1–12.
Brezis, Elise S. “Why Migrate: For Study or for Work?” Economies 4, no. 3 (August 2016): 1–12.
Brezis, Elise S. “Why Migrate: For Study or for Work?” Economies, vol. 4, no. 3, MDPI, Aug. 2016, pp. 1–12.
Over the past decades, globalization has led to a huge increase in the migration of workers, as well as students. This paper develops a simple two-step model that describes the decisions of an individual vis-à-vis education and migration, and presents a unified model, wherein the two migration decisions are combined into a single, unique model. This paper shows that under the plausible assumption that costs of migration differ over the human life cycle, the usual brain drain strategy is sub-optimal. With an increase in globalization, the brain drain strategy will be replaced by the strategy of migration of students.
Keywords: brain drain, globalization, higher education, human capital, migration, mobility