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Human Capital Externalities and Employment Differences across Metropolitan Areas of the U.S

  • Winters, John V.

    ()

    (Oklahoma State University)

It has been well documented that employment outcomes often differ considerably across areas. This paper examines the extent to which the local human capital level, measured as the share of prime age adults with a college degree, has positive external effects on labor force participation and employment for U.S. metropolitan area residents. The empirical results suggest that the local human capital level has positive externalities on the probability of labor force participation and employment for both women and men. We also find that less educated workers generally receive the largest external benefits.

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Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 6869.

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Length: 47 pages
Date of creation: Sep 2012
Date of revision:
Publication status: published in: Journal of Economic Geography, 2013, 13 (5), 799-822
Handle: RePEc:iza:izadps:dp6869
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