Educational Attainment, 'Brain Drain,' and Self-Employment: Examining the Interstate Mobility of Baccalaureate Graduates, 1993-2003

54 Pages Posted: 12 Dec 2009

See all articles by Chad M. Moutray

Chad M. Moutray

National Association of Manufacturers

Date Written: December 8, 2009

Abstract

Using the U.S. Department of Education's Baccalaureate & Beyond data series, this paper explores the mobility of labor from one state to another ten years beyond their bachelor's degree graduation. In general, its findings are consistent with the existence of “brain drain” from many states. Bachelor’s degree students with good grades, especially attendees of expensive top-tier universities, are highly mobile and willing to move away from their home states. These students are also apparently attracted to opportunities elsewhere, evidenced by the strong relationship between mobility and economic growth. In addition, the self-employed appear to have the same motivations as their wage and salary counterparts, with a few differences, suggesting that the choice to become self-employed is entirely different from the decision whether or not to relocate.

Keywords: self-employment, college education, baccalaureate and beyond

JEL Classification: I2, J23, J24, M13

Suggested Citation

Moutray, Chad M., Educational Attainment, 'Brain Drain,' and Self-Employment: Examining the Interstate Mobility of Baccalaureate Graduates, 1993-2003 (December 8, 2009). Available at SSRN: https://ssrn.com/abstract=1520815 or http://dx.doi.org/10.2139/ssrn.1520815

Chad M. Moutray (Contact Author)

National Association of Manufacturers ( email )

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