Brain drain reversal and return subsidy

We examine the impacts of differential return subsidy on quality of return migration. * The analysis is carried out within an asymmetric information framework. * We generate three types of migration at the same time. * We find return subsidy can have negative effects. This paper explores how return subsidies affect an individual's education, migration and return decisions within an asymmetric information framework. To achieve this, we develop a theoretical model in which agents are heterogeneous in their initial stocks of human capital. Our model can generate three types of migration at the sa... Mehr ...