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Identifying human capital externalities : theory with an application to US cities
Ciccone, Antonio; Peri, Giovanni - 2002
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 …
Persistent link: https://www.econbiz.de/10011411270
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An economic perspective on religious education : complements and substitutes in a human capital portfolio
Chiswick, Carmel Ullman (contributor) - 2005
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 …
Persistent link: https://www.econbiz.de/10002548813
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Estimating the social value of higher education : willingness to pay for community and technical colleges
Blomquist, Glenn C.; Coomes, Paul A.; Jepsen, Christopher; … - 2009
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 …
Persistent link: https://www.econbiz.de/10003829714
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Human capital externalities and employment differences across metropolitan areas of the US
Winters, John V. - 2012
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 …
Persistent link: https://www.econbiz.de/10009627341
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STEM graduates, human capital externalities, and wages in the US
Winters, John V. - 2013
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. …
Persistent link: https://www.econbiz.de/10010228785
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Inefficient equilibrium unemployment in a duocentric economy with matching frictions
Lehmann, Etienne; Montero Ledezma, Paola L.; Van der … - 2013
This article examines unemployment disparities and efficiency in a densely populated economy with two job centers and workers distributed between them. We introduce commuting costs and search-matching frictions to deal with the spatial mismatch between workers and firms. In equilibrium, there...
Persistent link: https://www.econbiz.de/10010228787
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Why should state government invest in college education? : an equilibrium approach for the US in 2000
Shields, Michael P. (contributor) - 2008
too little in college education. -- Human capital ; externalities ; higher education …This paper is a preliminary look at the benefits to states in the US of subsidizing college education. The benefits … studies are the external benefits of college education on the earnings of both college graduates and those who have not …
Persistent link: https://www.econbiz.de/10003729416
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The accident externality from trucking
Muehlenbachs, Lucija A.; Staubli, Stefan; Chu, Ziyan - 2017
The presence of a heavy truck on the road can impose an externality if accidents occur that would not have otherwise. We find each additional truck on the road increases the risk of a truck accident – but also, at an even higher rate, the risk of a car-on-car collision. Our estimates imply two...
Persistent link: https://www.econbiz.de/10011731933
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The impact of climate change on mortality in the United States : benefits and costs of adaptation
Deschênes, Olivier - 2022
This paper reviews and extends the recent empirical literature on the impact of climate change on mortality and adaptation in the United States. The analysis produces several new facts. First, the reductions in the impact of extreme heat on mortality risk previously documented up to 2004 have...
Persistent link: https://www.econbiz.de/10013329615
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Intergenerational and intragenerational externalities of the Perry Preschool Project
Heckman, James J.; Karapakula, Ganesh - 2019
participants. The children of treated participants have fewer school suspensions, higher levels of education and employment, and …
Persistent link: https://www.econbiz.de/10012019252