Showing 1 - 10 of 201
economics: Studies about localized human capital externalities (HCE) and about the urban wage premium (UWP). After surveying the … externalities ; urban wage premium …
Persistent link: https://www.econbiz.de/10003716532
too little in college education. -- Human capital ; externalities ; higher education …This paper is a preliminary look at the benefits to states in the US of subsidizing college education. The benefits … studies are the external benefits of college education on the earnings of both college graduates and those who have not …
Persistent link: https://www.econbiz.de/10003729416
This paper provides a novel microeconomic foundation for pecuniary human capital externalities in a labor market model …. -- Externalities ; human capital ; multiple equilibria …
Persistent link: https://www.econbiz.de/10003759894
capital externalities are at work. A large initial share of high-skilled workers significantly reduces subsequent growth of … employment growth ; externalities …
Persistent link: https://www.econbiz.de/10003278949
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 …
Persistent link: https://www.econbiz.de/10009627341
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. …
Persistent link: https://www.econbiz.de/10010228785
This article examines unemployment disparities and efficiency in a densely populated economy with two job centers and workers distributed between them. We introduce commuting costs and search-matching frictions to deal with the spatial mismatch between workers and firms. In equilibrium, there...
Persistent link: https://www.econbiz.de/10010228787
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 …
Persistent link: https://www.econbiz.de/10003829714
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 …
Persistent link: https://www.econbiz.de/10011411270
-hopping facilitates the reallocation of resources towards firms with superior innovations, but it also creates human capital externalities …
Persistent link: https://www.econbiz.de/10003260835