Global Talent Flows

This paper is a draft for the Journal of Economic Perspectives. We thank the editors and staff of the Journal of Economic Perspectives for their very helpful comments and expert guidance. We are grateful to Zovanga Kone for his assistance with the data work. Our research has been generously supported by the Alfred P. Sloan Foundation, the Kauffman Foundation, the National Science Foundation, the Smith Richardson Foundation, and Harvard Business School. Özden acknowledges financial support from the Knowledge for Change Program and the Multidonor Trust Fund for Trade and Development of the World Bank. The findings, conclusions, and views expressed in this paper are entirely those of the authors. They should not be attributed to World Bank, its executive directors and the countries they represent. Sari Pekkala Kerr is Senior Research Scientist, Wellesley Centers for Women, Wellesley College, Wellesley, Massachusetts. William Kerr is MBA Class of 1975 Professor of Entrepreneurial Management, Harvard Business School, Boston, Massachusetts, and Faculty Research Associate, National Bureau of Economic Research, Cambridge, Massachusetts. Çaglar Özden is Lead Economist, World Bank Development Research Group, Washington, DC. Christopher Parsons is Assistant Professor of Economics, University of Western Australia, Perth, Australia, and Research Associate, International Migration Institute, University of Oxford, Oxford, United Kingdom.