Empirical evidence on human capital spillovers

Jeremy B. Rudd
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Jeremy B. Rudd: https://www.federalreserve.gov/econres/jeremy-rudd.htm

No 2000-46, Finance and Economics Discussion Series from Board of Governors of the Federal Reserve System (U.S.)

Abstract: This paper examines whether the average level of human capital in a region affects the earnings of an individual residing in that region in a manner that is external to the individual's own human capital. I find little evidence of an external effect of human capital, which suggests that human capital spillovers of the form postulated by the new growth literature are unlikely to matter much in practice.

Keywords: Human capital; Education; Income (search for similar items in EconPapers)
Date: 2000
New Economics Papers: this item is included in nep-dev
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Citations: View citations in EconPapers (29)

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