title: A brain gain with a brain drain.
abstract: "We study human capital depletion and formation in an economy open to out-migration, as opposed to an economy which is closed. Under the assumption of asymmetric information, the enlarged opportunities and the associated different structure of incentives can give rise to a brain gain in conjunction with a brain drain. Migration by high-skill members of its workforce notwithstanding, the home country can end up with a higher average level of human capital per worker."
mesh_terms: D003710:Demography; D004467:Economics; D004641:Emigration and Immigration; D006280:Health Workforce; D011153:Population; D011157:Population Dynamics
keywords: Brain Drain; Demographic Factors; Economic Factors; Human Capital; Human Resources; International Migration; Migration; Population; Population Dynamics; World