levels? This paper aims to examine these issues with a particular focus on the importance of externalities. Externalities are … defined as region-specific economic effects influencing firm efficiency. These externalities can be broadly divided in the … following categories: i) urbanization economies which relate to diversity and density (Jacobs externalities), ii) localization …

relationship between agglomeration externalities and the level of education. While the positive relationship between economic … relationship between density and productivity for workers with different types of education. Apart from estimating the impact of … aggregate density, we also estimate whether the composition of the local labor market in terms of education is related to the …

education are hardly found at all, while often positive externalities from the share of college graduates are identified. This …The recent literature on externalities of schooling in the U.S. is rather mixed: positive external effects of average … them. Only shifts in education above high school graduation are therefore associated with positive social returns stemming …

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