Educational Spillovers: Does One Size Fit All?

Robert Baumann () and Raphael Solomon

Staff Working Papers from Bank of Canada

Abstract: In 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.

Keywords: Labour; markets (search for similar items in EconPapers)
JEL-codes: I29 J24 J31 (search for similar items in EconPapers)
Pages: 38 pages
Date: 2005
New Economics Papers: this item is included in nep-edu and nep-lab
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Working Paper: Educational Spillovers: Does One Size Fit All? (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:bca:bocawp:05-10

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