Journal article
Economies, vol. 4(3), MDPI, 2016 Aug, pp. 1-12
Professor of Economics
APA
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Brezis, E. S. (2016). Why Migrate: For Study or for Work? Economies, 4(3), 1–12. https://doi.org/10.3390/economies4030017
Chicago/Turabian
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Brezis, Elise S. “Why Migrate: For Study or for Work?” Economies 4, no. 3 (August 2016): 1–12.
MLA
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Brezis, Elise S. “Why Migrate: For Study or for Work?” Economies, vol. 4, no. 3, MDPI, Aug. 2016, pp. 1–12, doi:10.3390/economies4030017.
BibTeX Click to copy
@article{brezis2016a,
title = {Why Migrate: For Study or for Work?},
year = {2016},
month = aug,
issue = {3},
journal = {Economies},
pages = {1-12},
publisher = {MDPI},
volume = {4},
doi = {10.3390/economies4030017},
author = {Brezis, Elise S.},
month_numeric = {8}
}
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