Abstract Should individuals migrate before acquiring education or after? In order to analyze the optimality of the timing of migration, I develop a model of migration, which combines the two migration decisions into a unique model – the decisions about where to get an education and about where to work. The main reason for having a unified model is that investment in human capital cannot be disjoined from the decision about work. This paper shows that brain drain is usually an optimal solution. But, when we incorporate “brain waste” and “return migration”, then it is optimal to migrate when young.

中文翻译：

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个人应该在接受教育之前还是之后迁移？人才浪费与人才流失的新模型

摘要个人应该在接受教育之前还是之后迁移？为了分析最佳迁移时间，我开发了一个迁移模型，该模型将两个迁移决策合并为一个独特的模型-有关在哪里接受教育和在哪里工作的决策。拥有统一模型的主要原因是，人力资本投资不能与工作决策脱节。本文显示人才流失通常是最佳解决方案。但是，当我们结合“大脑废物”和“返乡移民”时，最理想的是在年轻时进行移民。