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This paper examines whether the average level of human capital in a region affects the earnings of an individual residing in that region in a manner that is external to the individual's own human capital. I find little evidence of an external effect of human capital, which suggests that human...
Persistent link: https://www.econbiz.de/10014142485
The trade-off between increased representation and perceived quality is central to the debate on how to address underrepresentation in high-profile professions. We address this trade-off using a dynamic model of career selection where juniors value both the identity and perceived quality of...
Persistent link: https://www.econbiz.de/10014282424
Residence-based public education systems promote income segregation across neighborhoods or school districts (e … income segregation because private education severs the link among school quality and place of residence for those using a … use a two-neighborhood model of an urban economy in order to study whether such externalities inhibit the desegregating …
Persistent link: https://www.econbiz.de/10005063199
We exploit the 1980 earthquake in southern Italy and the subsequent relief from mandatory military service granted to all males in the regions hit by the seism to estimate the strength of endogenous social interactions in schooling achievements. Preliminary results point to a significant and...
Persistent link: https://www.econbiz.de/10005699654
education in China appear to be zero. We estimate an instrumental variables fixed effects model where share of college graduates … is instrumented by the number of universities with special status and find positive external returns to education of … rural, men, and low-educated workers. This finding provides the motivation for increasing education investment in rural …
Persistent link: https://www.econbiz.de/10011288538
. However, if the programme generates externalities for non-participants such an approach will capture only part of the …
Persistent link: https://www.econbiz.de/10011343252
Persistent link: https://www.econbiz.de/10010227820
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 …
Persistent link: https://www.econbiz.de/10011541593
with the emergence of modern times. This concerns competitiveness, positioning in the tourism market, education and … analysed, as well as the levels and roles of specialisation in the removal of externalities. At the same time, the paper …
Persistent link: https://www.econbiz.de/10012012630
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 …
Persistent link: https://www.econbiz.de/10014024011