New York Fed study finds Puerto Rico emigration has not led to 'brain drain'

Share of college graduates has increased as low-skilled workers are leaving in higher numbers

Caribbean beach

Puerto Rico's population has been falling for nearly a decade, and the pace of decline has accelerated in recent years, largely due to net out-migration of the island's citizens, according to a Federal Reserve Bank of New York study.

The Causes and Consequences of Puerto Rico's Declining Population, by Jaison Abel and Richard Deitz, examines the factors contributing to this population loss and discusses the resulting challenges.

The study shows that although the outflow of people has quickened

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