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and instrumentation to handle the endogeneity of population density. We offer an analysis based on the whole working …
Persistent link: https://www.econbiz.de/10011515100
correct for measurement errors in skills, and to deal with the endogeneity of agglomeration. Our results are robust to …
Persistent link: https://www.econbiz.de/10013173834
The stylized fact that the fraction of workers who are college graduates appears to increase more in US cities where the initial share is larger has attracted significant attention. Furthermore, more educated cities appear to grow faster. These two trends could portend the divergence of cities...
Persistent link: https://www.econbiz.de/10012900149
allowing for the endogeneity of schooling, using the control function approach proposed by Lee (2007). Using household data … earnings distribution. It is also found that accounting for the endogeneity of schooling leads to a higher rate of return to …
Persistent link: https://www.econbiz.de/10010275927
participation on earnings correcting for the endogeneity of training participation. By using a broad list of employee and employer …
Persistent link: https://www.econbiz.de/10010297306
participation on earnings correcting for the endogeneity of training participation. By using a broad list of employee and employer …
Persistent link: https://www.econbiz.de/10011448693
endogeneity suspicion. For instance, ability and occupational choice are mentioned as driving both the level of (entrepreneurial … endogeneity is really present, whether it matters and whether the selected instruments make sense. Using Bayesian methods, we find … that the relationship between education and entrepreneurial income is indeed endogenous and that the impact of endogeneity …
Persistent link: https://www.econbiz.de/10011380037
Previous studies often interpret the positive impact of high-skill human capital on the mean wages of low-skill workers as evidence of human capital externalities. We uncover a distributional wage effect that is difficult to reconcile with standard models of human capital externalities:...
Persistent link: https://www.econbiz.de/10012892660
Previous research suggests that the local stock of human capital creates positive externalities within local labor markets and plays an important role in regional economic development. However, there is still considerable uncertainty over what types of human capital are most important. Both...
Persistent link: https://www.econbiz.de/10010228785
This paper substantiates the debate following Richard Florida’s suggestion to measure regional human capital by creative occupations rather than education. Consistent with Florida’s notion of creativity, it suggests a microfoundation that relates creativity to workers’ cognitive and...
Persistent link: https://www.econbiz.de/10010406921