Identification of the strength of human capital externalities at the aggregate level is still not fully understood. The … existing method may yield positive or negative externalities even if wages reflect marginal social products. We propose an … approach that yields positive average human capital externalities if and only if the marginal social product of workers with …

This paper models the tradeoffs between education in secular subjects, formal and informal, and the formation of … religion-specific human capital. It explores some implications of negative externalities between religious and secular … education. Applications include the tension between science and religion during the European Enlightenment and the development …

returns ; education externalities ; contingent valuation ; earnings …Much is known about private returns to education in the form of higher earnings. Less is known about social value, over … and above the private, market value. Associations between education and socially-desirable outcomes are strong, but …

suggest that the local human capital level has positive externalities on the probability of labor force participation and …. -- employment ; labor force participation ; human capital externalities ; agglomeration …

availability has thus far prevented researchers from directly connecting STEM education to human capital externalities. This paper …Previous research suggests that the local stock of human capital creates positive externalities within local labor … positive wage externalities, but STEM graduates create much larger externalities. …

capital externalities are at work. A large initial share of high-skilled workers significantly reduces subsequent growth of … employment growth ; externalities …

economics: Studies about localized human capital externalities (HCE) and about the urban wage premium (UWP). After surveying the … externalities ; urban wage premium …

-hopping facilitates the reallocation of resources towards firms with superior innovations, but it also creates human capital externalities …