Docquier, FrédéricRapoport, Hillel2013-06-212013-06-212004-08https://hdl.handle.net/10986/14125The authors focus on the consequences of skilled migration for developing countries. They first present new evidence on the magnitude of migration of skilled workers at the international level and then discuss its direct and indirect effects on human capital formation in developing countries in a unified stylized model. Finally they turn to policy implications, with emphasis on migration and education policy in a context of globalized labor markets.en-USCC BY 3.0 IGOACCESS TO EDUCATIONADULTSAGEDAVERAGE PRODUCTIVITYBRAIN DRAINDIASPORADISCOUNT RATEDISPOSABLE INCOMEECONOMIC BOOMECONOMIC GEOGRAPHYECONOMIC THEORIESELASTICITYELASTICITY OF DEMANDEMIGRANTSEMIGRATIONEXPECTED RETURNEXTERNALITIESEXTERNALITYHUMAN CAPITALIMMIGRANTSIMMIGRATIONIMMIGRATION POLICIESIMMIGRATION POLICYINCENTIVE EFFECTSINCOMEINCOME GROUPSINNOVATIONINTEREST RATEINTERNATIONAL MIGRATIONLABOR MIGRATIONLIQUIDITYMARGINAL PRODUCTIVITYMIGRANTSMIGRATIONMIGRATION POLICYMIGRATION RATESMOBILITYPERFECT COMPETITIONPERMANENT MIGRATIONPRODUCTIVITYRATE OF MIGRATIONRELAXATIONRETURN MIGRATIONRISK PREMIUMSOCIAL CAPITALUNEMPLOYMENTVISASWAGESWTOWorld Bank10.1596/1813-9450-3382