existing method may yield positive or negative externalities even if wages reflect marginal social products. We propose an … cities between 1970 and 1990. …

existing method may yield positive or negative externalities even if wages reflect marginal social products. We propose an … cities between 1970 and 1990. …

existing method may yield positive or negative externalities even if wages reflect marginal social products. We propose an … cities between 1970 and 1990 …

existing method may yield positive or negative externalities even if wages reflect marginal social products. We propose an …-schooling externalities in US cities between 1970 and 1990 …

We combine growth theory with US Census data on individual schooling and wages to estimate the aggregate return to … human capital and human capital externalities in cities. Our estimates imply that a one-year increase in average schooling … in cities increases their aggregate labor productivity by 8 to 11 percent. We find no evidence for aggregate human …

our approach at the city-level using US Census data on individuals in 173 cities for 1970, 1980, and 1990. Estimation …

In an empirical analysis, considering 236 U.S. cities in the period 1980-1990, we document a strong positive … productivity of those factors which are locally abundant. Therefore we may interpret this regularity as a sign that in cities where … may provide an explanation for the behaviour of education premia across cities. …

We combine growth theory with US Census data on individual schooling and wages to estimate the aggregate return to … human capital and human capital externalities in cities. Our estimates imply that a one year increase in average schooling … in cities increases their aggregate labour productivity by 8 to 11%. We find no evidence for aggregate human capital …

existing method may yield positive or negative externalities even if wages reflect marginal social products. We propose an …-schooling externalities in US cities between 1970 and 1990. …

result, it yields positive externalities even when wages equal marginal social products. We propose an approach that … our approach is that it does not require estimates of the individual return to human capital. Applications to US cities …