Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/114490
Authors: 
Andreason, Stuart
Year of Publication: 
2015
Series/Report no.: 
Working Paper, Federal Reserve Bank of Atlanta 2015-4
Abstract: 
Since the early 1990s, metropolitan entities and local governments have targeted incentives, policies, and investments with the goal of highly educated and skilled workers to locate in their communities. These efforts focus on attracting workers who hold a bachelor's degree or higher and have had a profound effect on the form and management of metropolitan areas, but there is not clear evidence that growth in bachelor's or higher degree attainment improves metropolitan labor market outcomes. I use an outcomes-based cluster-discriminant analysis to test whether or not metropolitan areas with growth in bachelor's or higher degree (BA+) attainment from 1990 to 2010 that is above the national average experienced improvements in the local labor market. Increased BA+ attainment leads to two distinct set of local labor market outcomes: one in which earnings per job increases but inequality, unemployment, and poverty rates rise, and the other in which income inequality growth is low and unemployment and poverty rates decline but earnings per job are stagnant or negative. I find evidence that "educational segregation," restrictive land-use policies, crime, and changes in military employment all predict outcomes.
Subjects: 
educational attainment
metropolitan labor markets
labor market outcomes
talent attraction and retention
JEL: 
J10
O21
R11
Document Type: 
Working Paper

Files in This Item:
File
Size
304.34 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.