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| Stark, Oded; Byra, Lukasz. |
| In this paper we study the impact of the international migration of unskilled workers on skill formation and the average skill level in the home country. We analyze what appears to be the least threatening scenario from the point of view of its effect on the supply of skills at home: namely, migration exclusively by unskilled workers. Somewhat surprisingly, we find that even without the departure of skilled workers, the home country suffers reduced aggregate skill formation. Although as a response to a higher wage rate per unit of human capital in the new equilibrium skilled workers choose to accumulate more human capital than before the opening up to migration of unskilled workers, the number and share of skilled workers in the home country’s workforce... |
| Tipo: Working Paper |
Palavras-chave: Migration of unskilled workers; Human capital formation; Depletion of human capital; Labor and Human Capital; F22; J24; O15. |
| Ano: 2012 |
URL: http://purl.umn.edu/122433 |
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| Stark, Oded; Casarico, Alessandra; Devillanova, Carlo; Uebelmesser, Silke. |
| This paper identifies the migration policies that emerge when both the sending country and the receiving country wield power to set migration quotas, when controlling migration is costly, and when the decision how much human capital to acquire depends, among other things, on the migration policies. The paper analyzes the endogenous formation of bilateral agreements in the shape of transfers to support migration controls, and in the shape of joint arrangements regarding the migration policy and the cost-sharing of its implementation. The paper shows that in equilibrium both the sending country and the receiving country can participate in setting the migration policy, that bilateral agreements can arise as a welfare-improving mechanism, and that the sending... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Human capital formation; International migration; Migration policies; Welfare analysis; Institutional and Behavioral Economics; Labor and Human Capital; F22; I30; J24; J61. |
| Ano: 2011 |
URL: http://purl.umn.edu/117431 |
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| Stark, Oded; Hyll, Walter; Wang, Yong. |
| This paper considers a setting in which the acquisition of human capital entails a change of location in social space that causes individuals to revise their comparison groups. Skill levels are viewed as occupational groups, and moving up the skill ladder by acquiring additional human capital, which in itself is rewarding, leads to a shift in the individual’s inclination to compare himself with a different, and on average better-paid, comparison group, which in itself is penalizing. The paper sheds new light on the dynamics of human capital formation, and suggests novel policy interventions to encourage human capital formation in the aggregate and, at the same time, reduce inter-group income inequality. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Human capital formation; Skill levels as occupational groups; Interpersonal comparisons; Relative deprivation; Tax policy; Subsidization; Labor and Human Capital; D11; H24; H30; J24. |
| Ano: 2011 |
URL: http://purl.umn.edu/99415 |
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