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Firm-Level Social Returns to Education

Pedro Martins and Jim Jin ()

No 9, Working Papers from Queen Mary, University of London, School of Business and Management, Centre for Globalisation Research

Abstract: 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.

Keywords: Education Spillovers; Matched Employer-Employee Data; Endogenous Growth (search for similar items in EconPapers)
JEL-codes: I20 J24 J31 (search for similar items in EconPapers)
Date: 2008-05
New Economics Papers: this item is included in nep-edu, nep-hrm and nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://cgr.sbm.qmul.ac.uk/CGRWP09.pdf

Related works:
Journal Article: Firm-level social returns to education (2010) Downloads
Working Paper: Firm-Level Social Returns to Education (2004) Downloads
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