suggest that the local human capital level has positive externalities on the probability of labor force participation and …. -- employment ; labor force participation ; human capital externalities ; agglomeration …

availability has thus far prevented researchers from directly connecting STEM education to human capital externalities. This paper …Previous research suggests that the local stock of human capital creates positive externalities within local labor … positive wage externalities, but STEM graduates create much larger externalities. …

returns ; education externalities ; contingent valuation ; earnings …Much is known about private returns to education in the form of higher earnings. Less is known about social value, over … and above the private, market value. Associations between education and socially-desirable outcomes are strong, but …

Identification of the strength of human capital externalities at the aggregate level is still not fully understood. The … existing method may yield positive or negative externalities even if wages reflect marginal social products. We propose an … approach that yields positive average human capital externalities if and only if the marginal social product of workers with …