This paper analyzes human capital externalities from high-skilled workers by applying functional regression to precise … panel data allow us to address the sorting of workers and to disentangle human capital externalities from supply effects by … using an extensive set of time-varying fixed effects. Our estimates reveal that human capital externalities attenuate with …

minimum wage changes which can be accounted for by differences in their wage levels and profit margins: firms with high wages … or large profit margin increase employment, while those with low wages or small profit margin downsize. The increase in …

outcomes such as medical care costs, educational attainment, employment, wages, and crime. It also reviews the research on …

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 …-STEM fields on the wages of other workers in the same metropolitan area. I find that both types of college graduates create …