Ciccone, Antonio; Peri, Giovanni - C.E.P.R. Discussion Papers - 2000
human capital and human capital externalities in cities. Our estimates imply that a one year increase in average schooling … in cities increases their aggregate labour productivity by 8 to 11%. We find no evidence for aggregate human capital … externalities in cities however, although we use three different approaches. Our main theoretical contribution is to show how human …