Arbeitspapier

Human capital externalities and employment differences across metropolitan areas of the US

It has been well documented that employment outcomes often differ considerably across areas. This paper examines the extent to which the local human capital level, measured as the share of prime age adults with a college degree, has positive external effects on labor force participation and employment for U.S. metropolitan area residents. The empirical results suggest that the local human capital level has positive externalities on the probability of labor force participation and employment for both women and men. We also find that less educated workers generally receive the largest external benefits.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 6869

Classification
Wirtschaft
Labor Force and Employment, Size, and Structure
Human Capital; Skills; Occupational Choice; Labor Productivity
Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics
Subject
employment
labor force participation
human capital externalities
agglomeration
Humankapital
Externer Effekt
Erwerbstätigkeit
Städtischer Arbeitsmarkt
USA

Event
Geistige Schöpfung
(who)
Winters, John V.
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2012

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Winters, John V.
  • Institute for the Study of Labor (IZA)

Time of origin

  • 2012

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