Highly Skilled International Migration, STEM Workers, and Innovation
Anelí Bongersy (abongers@uma.es),
Carmen Diaz-Roldan and
Jose Torres (jtorres@uma.es)
Additional contact information
Anelí Bongersy: Universidad de Málaga
Authors registered in the RePEc Author Service: Anelí Bongers
No 18-02, Working Papers from Asociación Española de Economía y Finanzas Internacionales
Abstract:
This paper studies the implications of highly skilled labor international migration in a two-country Dynamic Stochastic General Equilibrium model. The model considers hree types of workers: STEM workers, non-STEM college educated workers, and non-college educated workers. Only high skilled workers can move internationally from the relative low productivity (sending) country to the high productivity (host) country. Aggregate productivity in each economy is a function of innovations, which can be produced only by STEM workers. The model predicts i) the existence of a wage premium of STEM workers relative to non-STEM college educated workers, ii) this wage premium is higher in the destination country and increases with positive technological shocks, iii) a reduction in migration costs increases output, wages and total labor in the destination country, with opposite effects in the country of origin, and iv) high skilled immigrants reduce skilled native labor and do not affect unskilled labor.
Keywords: STEM workers; Migration; Dynamic Stochastic General Equilibrium models; Innovation (search for similar items in EconPapers)
JEL-codes: F43 J61 O31 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2018-02
New Economics Papers: this item is included in nep-dge, nep-int, nep-mig and nep-ure
References: Add references at CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
http://www.aeefi.com/RePEc/pdf/defi18-02.pdf (application/pdf)
Related works:
Journal Article: Highly Skilled International Migration, STEM Workers, and Innovation (2022) 
Working Paper: Highly Skilled International Migration, STEM Workers, and Innovation (2018) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:aee:wpaper:1802
Access Statistics for this paper
More papers in Working Papers from Asociación Española de Economía y Finanzas Internacionales Contact information at EDIRC.
Bibliographic data for series maintained by Luis Miguel del Corral Cuervo (luismigueldelcorral@gmail.com).