TY  - RPRT
        AU  - Grossmann, Volker
AU  - Stadelmann, David
        TI  - Wage Effects of High-Skilled Migration: International Evidence
        PY  - 2012/May/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 6611
        UR  - https://www.iza.org/index.php/publications/dp6611
        AB  - This paper argues that international migration of high-skilled workers triggers productivity effects at the macro level such that the wage rate of skilled workers may rise in host countries and decline in source countries. We exploit a recent data set on international bilateral migration flows and provide evidence which is consistent with this hypothesis. We propose different instrumentation strategies to identify the causal effect of skilled migration on log differences of GDP per capita, total factor productivity, and wages of skilled workers between pairs of source and destination countries. These address the endogeneity problem which potentially arises when international wage differences affect migration decisions.
        KW  - wage effects
KW  - international high-skilled migration
KW  - total factor productivity
        ER  -