Educational Spillovers: Does One Size Fit All?
AbstractIn a search model of production, where agents accumulate heterogeneous amounts of human capital, an individual worker's wage depends on average human capital in the searching population. Following this model, the authors use a large American panel data set to estimate a Mincerian wage equation augmented with terms for average human capital. They find that there is a positive and significant spillover effect, but that the effect differs by gender and population group (whites, blacks, and Hispanics), as well as educational status. The differing spillover effects can only partially be explained by occupational choice.
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Bibliographic InfoPaper provided by Bank of Canada in its series Working Papers with number 05-10.
Length: 38 pages
Date of creation: 2005
Date of revision:
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Other versions of this item:
- I29 - Health, Education, and Welfare - - Education - - - Other
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-04-16 (All new papers)
- NEP-EDU-2005-04-16 (Education)
- NEP-LAB-2005-04-16 (Labour Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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