Highly Skilled International Migration, STEM Workers, and Innovation

نویسندگان

چکیده

Abstract This article studies the implications of highly skilled labor international migration in a two-country dynamic stochastic general equilibrium model. The model considers three types workers: Science, Technology, Engineering, or Mathematics (STEM) workers, non-STEM college educated and non-college workers. Aggregate productivity each economy is function innovations, which can be produced only by STEM predicts (i) existence wage premium workers relative to (ii) skill higher destination country increases with positive technological shocks, (iii) reduction costs output, wages, total country, opposite effects origin, (iv) high immigrants reduce native do not affect unskilled labor. Finally, policy designed attract generates similar aggregate shock.

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ژورنال

عنوان ژورنال: Economics : the Open-Access, Open-Assessment e-Journal

سال: 2022

ISSN: ['1864-6042']

DOI: https://doi.org/10.1515/econ-2022-0022