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Human capital and economic activity in urban America

Abel, Jaison R. (contributor); Gabe, Todd M. (contributor) - 2008

We examine the relationship between human capital and economic activity in U.S. metropolitan areas, extending the literature in two ways. First, we utilize new data on metropolitan area GDP to measure economic activity. Results show that a one-percentage-point increase in the proportion of...

Persistent link: https://www.econbiz.de/10003781561

Productivity and the density of human capital

Abel, Jaison R.; Dey, Ishita; Gabe, Todd M. - 2010

We estimate a model of urban productivity in which the agglomeration effect of density is enhanced by a metropolitan area’s stock of human capital. Estimation accounts for potential biases due to the endogeneity of density and industrial composition effects. Using new information on output per...

Persistent link: https://www.econbiz.de/10003948812

Underemployment in the early careers of college graduates following the Great Recession

Abel, Jaison R.; Deitz, Richard - 2015

Though labor market conditions steadily improved following the Great Recession, underemployment among recent college graduates continued to climb, reaching highs not seen since the early 1990s. In this paper, we take a closer look at the jobs held by underemployed college graduates in the early...

Persistent link: https://www.econbiz.de/10011399302

Preference for the workplace, investment in human capital, and gender

Wiswall, Matthew; Zafar, Basit - 2016

In this paper, we use a hypothetical choice methodology to robustly estimate preferences for workplace attributes …) and asked to state their probabilistic choices. We show that this method robustly identifies preferences for various job … substantial heterogeneity in preferences, we find that women, on average, have a higher willingness to pay for jobs with greater …

Persistent link: https://www.econbiz.de/10011442176

Financial aid, debt management, and socioeconomic outcomes : post-college effects of merit-based aid

Scott-Clayton, Judith E.; Zafar, Basit - 2016

Prior research has demonstrated that financial aid can influence both college enrollments and completions, but less is known about its post-college consequences. Even for students whose attainment is unaffected, financial aid may affect post-college outcomes via reductions in both time to degree...

Persistent link: https://www.econbiz.de/10011536020

Human capital investments and expectations about career and family

Wiswall, Matthew; Zafar, Basit - 2016

This paper studies how individuals believe human capital investments will affect their future career and family life. We conducted a survey of high-ability currently enrolled college students and elicited beliefs about how their choice of college major, and whether to complete their degree at...

Persistent link: https://www.econbiz.de/10011536082

What do data on millions of US workers reveal about life-cycle earnings risk?

Guvenen, Fatih; Karahan, Fatih; Ozkan, Serdar; Song, Jae - 2015

We study the evolution of individual labor earnings over the life cycle, using a large panel data set of earnings histories drawn from U.S. administrative records. Using fully nonparametric methods, our analysis reaches two broad conclusions. First, earnings shocks display substantial deviations...

Persistent link: https://www.econbiz.de/10010482953