In this paper we use a search and matching model to investigate the economic relationship between training and local economic conditions. We identify two aspects of this relationship going in opposite directions: on the one hand, the complementarity between local knowledge spillovers and...

?When school quality increases with the educational standard set by schools, education before college needs not be a hierarchy with private schools offering better quality than public schools. An alternative configuration, with public schools offering a higher educational standard than private...

We use data from a nationally representative survey of Italian graduates to study whether Alma Mater matters for employment and earnings three years after graduation. We find that the attended college matters, and that there are important college related differences, both among and within...