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. …

Formal education is correlated with entrepreneurial activity and success, but correlation does not indicate causation …. Education and entrepreneurship are both influenced by other related factors. The current study estimates causal effects of … formal education on entrepreneurship outcomes by instrumenting for an individual's years of schooling using cohort mean years …