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Eight Questions about Brain Drain

[Symposium: Emigration]

By John Gibson and David McKenzie

Journal of Economic Perspectives, Summer 2011

The term "brain drain" dominates popular discourse on high-skilled migration, and for this reason, we use it in this article. However, as Harry Johnson noted, it is a loaded phrase implying serious loss. It is far from clear that such a loss actually occu...

Economics in the Cyberclassroom

By Peter Navarro

Journal of Economic Perspectives, Spring 2000

The coming of the cyberclassroom may change almost everything we do in teaching economics. This article discusses the size and scope of the cybereconomics market; the range and mix of instructional technologies; course design, development, and content; cy...

Geography, Depreciation, and Growth

By Solomon M. Hsiang and Amir S. Jina

American Economic Review, May 2015

It has been proposed that geography influences economic growth for many reasons. Previous analyses of comparative development seem to have sidestepped the question of location-dependent depreciation. However the construction of new measures of tropical cy...

Empirical Evidence on Inflation Expectations in the New Keynesian Phillips Curve

By Sophocles Mavroeidis, Mikkel Plagborg-Møller, and James H. Stock

Journal of Economic Literature, March 2014

We review the main identification strategies and empirical evidence on the role of expectations in the New Keynesian Phillips curve, paying particular attention to the issue of weak identification. Our goal is to provide a clear understanding of the role ...

The Ecosystem Impacts of Severe Warming

By Robert Mendelsohn, Iain C. Prentice, Oswald Schmitz, Benjamin Stocker, Robert Buchkowski, and Benjamin Dawson

American Economic Review, May 2016

This paper uses a quantitative dynamic ecosystem vegetation model to explore the potential impact of warming up to 9-12 degrees C on global ecosystems. The paper does not find evidence of a global collapse in terrestrial ecosystems but there is evidence o...

Financial Markets and Firm Dynamics

By Thomas F. Cooley and Vincenzo Quadrini

American Economic Review, December 2001

Recent studies have shown that the dynamics of firms (growth, job reallocation, and exit) are negatively correlated with the initial size of the firm and its age. In this paper we analyze whether financial factors, in addition to technological differences...

Matching and Sorting in Online Dating

By Gunter J. Hitsch, Ali Hortaçsu, and Dan Ariely

American Economic Review, March 2010

Using data on user attributes and interactions from an online dating site, we estimate mate preferences, and use the Gale-Shapley algorithm to predict stable matches. The predicted matches are similar to the actual matches achieved by the dating site, ...

Delinking Land Rights from Land Use: Certification and Migration in Mexico

By Alain de Janvry, Kyle Emerick, Marco Gonzalez-Navarro, and Elisabeth Sadoulet

American Economic Review, October 2015

In many developing countries property rights over rural land are maintained through continuous personal use instead of by land titles. We show that removing the link between land use and land rights through the issuance of ownership certificates can resul...