HOME » wiiw Seminar in International Economics » Skill-biased technological change, ...
Harald Fadinger, (with Karin Mayr), University of Vienna
We develop a general equilibrium model of technological change and migration to examine the effects of a change in skill endowments on wages, employment rates and emigration rates of skilled and unskilled workers. We find that, depending on the elasticity of substitution between skilled and unskilled workers, an increase in the skill ratio can increase the expected wage of the skilled and decrease the brain drain. We provide empirical estimates and simulations to support our findings and show that effects are empirically relevant and potentially sizeable. Our findings fit the stylized facts on educational upgrading in developing countries during the 1980s and the subsequent decrease in the brain drain from those countries during the 1990s.
wiiw Seminar in International Economics
 |
Skill-biased technological change, unemployment and brain drain (by Harald Fadinger) wiiw Seminar in International Economics 17 November 2011, 4 p.m., Venue: wiiw, 1060 Vienna, Rahlgasse 3 FREE DOWNLOAD Keywords: technological change, skill premia, unemployment, brain drain JEL classification: F22, J61, J64, O33 |
Harald Fadinger, (with Karin Mayr), University of Vienna
We develop a general equilibrium model of technological change and migration to examine the effects of a change in skill endowments on wages, employment rates and emigration rates of skilled and unskilled workers. We find that, depending on the elasticity of substitution between skilled and unskilled workers, an increase in the skill ratio can increase the expected wage of the skilled and decrease the brain drain. We provide empirical estimates and simulations to support our findings and show that effects are empirically relevant and potentially sizeable. Our findings fit the stylized facts on educational upgrading in developing countries during the 1980s and the subsequent decrease in the brain drain from those countries during the 1990s.
Visitors who downloaded this publication/presentation also downloaded:
|
Reforming innovation systems in BY, KAZ and UA: Lost in Transition/Translation?” (by Hannes Leo) wiiw Seminar, 15 October 2012, 5 p.m., Venue: wiiw, Rahlgasse 3, 1060 Vienna DETAILS |
|
What went wrong in Slovenia and how to get out of the mess? (by Joze P. Damijan) wiiw Seminar Series 'EU in Crisis' 08 October 2012, 5 p.m., Venue: wiiw, 1060 Vienna, Rahlgasse 3 DETAILS |
|
The European Rim Countries - Challenges and Opportunities for EU Competitiveness (by Vasily Astrov, Peter Havlik, Mario Holzner, Gabor Hunya, Isilda Mara, Sandor Richter, Roman Stöllinger and Hermine Vidovic) wiiw Policy Note and Report No. 9, October 2012 49 pages including 3 Tables and 12 Figures DETAILS |
