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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
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
Previous research suggests that the local stock of human capital creates positive externalities within local labor … availability has thus far prevented researchers from directly connecting STEM education to human capital externalities. This paper … positive wage externalities, but STEM graduates create much larger externalities. …
Persistent link: https://www.econbiz.de/10010228785
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
This review describes the research frontier on human capital and education in economics research. It delineates what is known and largely agreed, and what are the most promising lines for future research. The approach will be to explain clearly and precisely the research evidence, in a way that...
Persistent link: https://www.econbiz.de/10011457394
This study examines the extent to which changing the composition of college majors among working-age population may affect the supply of human capital or effective labor supply. We use the South Korean setting, in which the population is rapidly aging, but where, despite their high educational...
Persistent link: https://www.econbiz.de/10011625354
This paper analyzes the effects of assignment to a one-year college preparatory program on academic performance in college. To measure the value added from pre-college programs, we use a large dataset of United States Naval Academy students from the 1988 to 2018 graduating classes, of which a...
Persistent link: https://www.econbiz.de/10012430731