Empirical evidence on human capital spillovers

This paper examines whether the average level of human capital in a region affects the earnings of an individual residing in that region in a manner that is external to the individual's own human capital. I find little evidence of an external effect of human capital, which suggests that human capital spillovers of the form postulated by the new growth literature are unlikely to matter much in practice.

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Year of publication:	2000
Authors:	Rudd, Jeremy
Institutions:	Federal Reserve Board (Board of Governors of the Federal Reserve System)
Subject:	Human capital \| Education \| Income

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Extent:	text/html application/pdf
Series:	Finance and Economics Discussion Series.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 2000-46
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005514123