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dc.contributor.authorShields, Michael P.en_US
dc.date.accessioned2008-09-02en_US
dc.date.accessioned2010-07-07T11:31:25Z-
dc.date.available2010-07-07T11:31:25Z-
dc.date.issued2008en_US
dc.identifier.piurn:nbn:de:101:1-2008070253en_US
dc.identifier.urihttp://hdl.handle.net/10419/35008-
dc.description.abstractThis paper is a preliminary look at the benefits to states in the US of subsidizing college education. The benefits studies are the external benefits of college education on the earnings of both college graduates and those who have not graduated from college. In completing a college education individuals earn more. In addition, if there are positive external benefits others will also earn more because the average level of college graduates in the state has risen. This study confirms the existence of these positive externalities for the US in 2000 in estimates using the Current Population Survey. Furthermore, these external benefits are large enough that if confirmed in more complete studies would suggest that states invest too little in college education.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesIZA Discussion Papers 3569en_US
dc.subject.jelJ2en_US
dc.subject.ddc370en_US
dc.subject.keywordHuman capitalen_US
dc.subject.keywordexternalitiesen_US
dc.subject.keywordhigher educationen_US
dc.subject.stwHochschulfinanzierungen_US
dc.subject.stwSubventionen_US
dc.subject.stwBildungsinvestitionen_US
dc.subject.stwExterner Effekten_US
dc.subject.stwBildungsertragen_US
dc.subject.stwTeilstaaten_US
dc.subject.stwUSAen_US
dc.titleWhy should state government invest in college education? An equilibrium approach for the US in 2000en_US
dc.typeWorking Paperen_US
dc.identifier.ppn572105878en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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