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Firm-level social returns to education

  • Pedro Martins


  • Jim Jin

Do workers benefit from the education of their co-workers? We examine this question first by introducing a model of learning, which argues that educated workers may transfer part of their general skills to uneducated workers, and then by examining detailed matched employer-employee panel data from Portugal. We find evidence of large firm-level social returns (between 14% and 23%), much larger than standard estimates of private returns, and of significant returns accruing to less educated workers but not to their more educated colleagues.

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Article provided by Springer in its journal Journal of Population Economics.

Volume (Year): 23 (2010)
Issue (Month): 2 (March)
Pages: 539-558

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Handle: RePEc:spr:jopoec:v:23:y:2010:i:2:p:539-558
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