The paper sheds light on the impact of spatial agglomeration of human capital on individual wages in Western Germany. Using panel data it shows that regional wage differentials are to a large extent attributable to localized human capital externalities arising from the regional share of highly...

The paper sheds light on the impact of spatial agglomeration of humancapital on individual wages in Western Germany. Using panel data itshows that regional wage differentials are to a large extent attributableto localized human capital externalities arising from the regional share ofhighly...

We test Krugman’s (1991) notion of risk sharing in pooled labormarkets as one of the micro-foundations of agglomerationeconomies, i.e. we examine whether firms share risks fromidiosyncratic and sector specific shocks through labor pooling.Estimating wage functions we find that job turnover...

In this paper we survey the recent developments in two empirical literatures at the crossroadsof labor and urban economics: Studies about localized human capital externalities (HCE) andabout the urban wage premium (UWP). After surveying the methods and main results of eachof these two...

Bridging the gap between the literatures on industrial change and human capital externalities we investigate the joint importance of aggregate regional education and job turnover for productivity effects to arise within firms and regional industries. On the level of regional industries we find...

We use the expansion of the high-speed rail network in Germany as a natural experiment to examine the causal effect of reductions in commuting time between regions on the commuting decisions of workers and their choices regarding where to live and where to work. We exploit three key features in...

Inspired by the literature on the importance of career networks for the quality of labor market matches we investigate whether human capital externalities arise from higher job matching efficiency in skilled regions. Using two samples of highly qualified workers in Germany, we find that...

The paper sheds light on the impact of spatial agglomeration of human capital on individual wages in Western Germany. Using panel data it shows that regional wage differentials are to a large extent attributable to localized human capital externalities arising from the regional share of highly...

Inspired by the literature on the role of local career networks for the quality of labor market matches we investigate whether human capital externalities arise from a higher job matching efficiency in skilled regions. Using two samples of highly qualified workers in Germany we find that an...

In this paper we survey the recent developments in two empirical literatures at the crossroads of labor and urban economics: Studies about localized human capital externalities (HCE) and about the urban wage premium (UWP). After surveying the methods and main results of each of these two...