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

John Winters

MPRA Paper from University Library of Munich, Germany

Abstract: 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 adults with a college degree, has positive external effects on labor force participation and employment for U.S. metropolitan area residents. We find that the local human capital level has positive externalities on participation for women, but an inconsistent effect on participation for men. However, the local human capital level reduces unemployment for both men and women. We also find that less educated workers generally receive the largest external benefits.

Keywords: employment; unemployment; human capital externalities; agglomeration (search for similar items in EconPapers)
JEL-codes: J21 J24 R23 (search for similar items in EconPapers)
Date: 2010-05-01
New Economics Papers: this item is included in nep-geo, nep-lab and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Related works:
Journal Article: Human capital externalities and employment differences across metropolitan areas of the USA (2013) Downloads
Working Paper: Human Capital Externalities and Employment Differences across Metropolitan Areas of the U.S (2012) Downloads
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