Wage Effects of High-Skilled Migration [electronic resource] : International Evidence / Volker Grossmann
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TextPublication details: Washington, D.C., The World Bank, 2013Description: 1 online resource (38 p.)Subject(s): Human Migrations & Resettlements | International high-skilled migration | International Migration | Labor Markets | Labor Policies | Macroeconomics and Economic Growth | Population Policies | Total factor productivity | Wage effectsAdditional physical formats: Grossmann, Volker: Wage Effects of High-Skilled Migration.Online resources: Click here to access online Abstract: The international migration of high-skilled workers may trigger productivity effects at the macro level such that the wage rate of skilled workers increases in host countries and decrease in source countries. The authors exploit data on international bilateral migration flows and provide evidence consistent with this theoretical hypothesis. They propose various instrumentation strategies to identify the causal effect of skilled migration on log differences of GDP per capita, total factor productivity, and the wages of skilled workers between pairs of source and destination countries. These strategies aim to address the endogeneity problem that arises when international wage differences affect migration decisions.
The international migration of high-skilled workers may trigger productivity effects at the macro level such that the wage rate of skilled workers increases in host countries and decrease in source countries. The authors exploit data on international bilateral migration flows and provide evidence consistent with this theoretical hypothesis. They propose various instrumentation strategies to identify the causal effect of skilled migration on log differences of GDP per capita, total factor productivity, and the wages of skilled workers between pairs of source and destination countries. These strategies aim to address the endogeneity problem that arises when international wage differences affect migration decisions.
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