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known about the private return to education, much less is known about the more important question of what happens to … of human capital can benefit society in ways that are not fully reflected in the private return of education. Human … individual productivity. Furthermore, increases in education can reduce criminal participation and improve voters political …
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This paper applies functional regression to precise geo-coded register data to measure productivity spillovers from high-skilled workers. We use a smoothing splines estimator to model the spatial distribution of high-skilled workers as continuous curves. Our rich panel data allows us to address...
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