education in China appear to be zero. We estimate an instrumental variables fixed effects model where share of college graduates … is instrumented by the number of universities with special status and find positive external returns to education of … rural, men, and low-educated workers. This finding provides the motivation for increasing education investment in rural …

-term externalities of binge drinking. We find that these externalities are on average £4.9 billion per year ($7 billion), about £80 for …

externalities. Using instrumental variables based on changing wind directions, we show increased levels of contemporaneous pollution …

where other firms are subsidized. These negative externalities depend on the share of firms that receive subsidies in the … subsidization, in a competitive environment of firms, may potentially harm non-subsidized firms. …

externalities of renewable energy plants using wellbeing data. We focus on the example of biogas, one of the most frequently … negative externalities: impacts are moderate in size and spatially confined to a radius of 2,000 metres around plants. We …

Using population-level administrative data, we study labor market externalities stemming from age-specific employment …

This paper provides a novel microeconomic foundation for pecuniary human capital externalities in a labor market model …. -- Externalities ; human capital ; multiple equilibria …

capital externalities are at work. A large initial share of high-skilled workers significantly reduces subsequent growth of … employment growth ; externalities …

selection. Building on their framework we demonstrate that externalities between agents - an agent's utility upon accepting a … when the size of the externalities is arbitrarily small. Our result highlights the degree of control a principal has over …