Identifying Human Capital Externalities

DOWNLOAD

Download Identifying Human Capital Externalities PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Identifying Human Capital Externalities book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page

Identifying Human Capital Externalities

DOWNLOAD
Author : Antonio Ciccone
language : en
Publisher: Fundacion BBVA
Release Date : 2002

Identifying Human Capital Externalities written by Antonio Ciccone and has been published by Fundacion BBVA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Human capital categories.

Identifying Human Capital Externalities

DOWNLOAD
Author : Antonio Ciccone
language : en
Publisher:
Release Date : 2007

Identifying Human Capital Externalities written by Antonio Ciccone and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with categories.

Are There Human Capital Externalities In U S States Evidence From The Consumer Population Survey

DOWNLOAD
Author : Steven Yamarik
language : en
Publisher:
Release Date : 2018

Are There Human Capital Externalities In U S States Evidence From The Consumer Population Survey written by Steven Yamarik and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.

This paper estimates human capital externalities across U.S. states, using the Current Population Survey (CPS) and state-level data. By directly controlling for individual job characteristics and state labor market conditions, we can identify the human capital externality in an augmented Mincerian model. We find that an extra year of state-level average schooling increases individual wages by five percent above and beyond the private return to education. Subsequent analysis finds that the estimated externality is larger in highly-educated, highly-innovative states. These results imply that the positive coefficient for state-level schooling is in fact an externality and that differences in human capital externalities can help explain "The Great Divergence" in wages between geographic areas with highly-skilled workers versus those with low-skilled workers.

Human Capital Externalities In Cities

DOWNLOAD
Author : Enrico Moretti
language : en
Publisher:
Release Date : 2003

Human Capital Externalities In Cities written by Enrico Moretti and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Cities and towns categories.

What is the effect of an increase in the overall level of human capital on the economy of a city? Although much is known about the private return to education, much less is known about the more important question of what happens to productivity, wages and land prices when the aggregate stock of human capital in a city increases. Increases in the aggregate stock of human capital can benefit society in ways that are not fully reflected in the private return of education. Human capital spillovers can in theory increase aggregate productivity over and above the direct effect of human capital on individual productivity. Furthermore, increases in education can reduce criminal participation and improve voters' political behavior. In this paper, I review what we know about social returns to education, with a particular emphasis on those externalities that accrue to local geographic areas. The focus of the paper is on the empirical issues that arise in identifying these externalities and on the existing empirical evidence on their magnitude. This paper was prepared as a chapter for the forthcoming Handbook of Urban and Regional Economics

Human Capital And Externalities In Cities

DOWNLOAD
Author : Antonio Ciccone
language : en
Publisher:
Release Date : 2000

Human Capital And Externalities In Cities written by Antonio Ciccone and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Externalities (Economics) categories.

Human Capital Externalities Evidence From The Transition Economy Of Russia

DOWNLOAD
Author : Alexander Muravyev
language : en
Publisher:
Release Date : 2008

Human Capital Externalities Evidence From The Transition Economy Of Russia written by Alexander Muravyev and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with categories.

The paper tests for the existence of human capital externalities using a micro-level approach: the Mincerian wage regression augmented with the average level of education in cities. To solve identification problems arising from the endogeneity of average education, the study exploits a natural experiment provided by the process of economic transition: average education at the end of communism can be seen as exogenous in respect of wages prevailing after the start of transition. Our empirical results based on the RLMS data show that a 1 percentage point increase in the share of city residents with a university degree results in an increase of wages of city residents by about 1 percent.

Indentifying Human Capital Externalities

DOWNLOAD
Author : Antonio Ciccone
language : en
Publisher:
Release Date : 2002

Indentifying Human Capital Externalities written by Antonio Ciccone and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with categories.

Eagles And Turkeys

DOWNLOAD
Author : Frank Neri
language : en
Publisher:
Release Date : 2013

Eagles And Turkeys written by Frank Neri and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.

Lucas (1988) hypothesised that human capital externalities explain persistent productivity growth and become manifest via interactions between workplace colleagues. Consistent with the first part of this hypothesis, Fox and Milbourne (2006) concluded that an increase in the average level of human capital in Australian economics departments raised the research productivity of departmental members. This paper tests the robustness of this finding by using a direct, rather than a proxy, measure of human capital and confirms the existence of human capital externalities within Australian economics departments. But we extend the analysis in two important dimensions. Firstly, we investigate the second part of Lucas' hypothesis by testing whether the externality becomes manifest via co-authoring. We find no evidence that this type of interaction is associated with higher research productivity, especially for higher quality outputs. Secondly, we control for the likely endogeneity of one's peer group via instrumental variables estimation. In this case, we find that the peer group effect disappears completely for the highest quality outputs but remains for research output more broadly defined.

Four Essays On Human Capital Externalities

DOWNLOAD
Author : Daniel Frederik Heuermann
language : de
Publisher:
Release Date : 2009

Four Essays On Human Capital Externalities written by Daniel Frederik Heuermann and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.

Human Capital Externalities Growth And Welfare Measurement

DOWNLOAD
Author : Thomas Aronsson
language : en
Publisher:
Release Date : 1993

Human Capital Externalities Growth And Welfare Measurement written by Thomas Aronsson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with categories.