Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/62556 
Year of Publication: 
2012
Series/Report no.: 
IZA Discussion Papers No. 6723
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
Areas surrounding colleges and universities are often able to build their local stock of human capital by retaining recent graduates in the area after they finish their education. This paper classifies 41 U.S. metropolitan areas as college towns and investigates differences in employment outcomes between college graduates who stay in the college town where they obtained their degree and college graduates who leave after completing their degree. We find that college town stayers experience less favorable employment outcomes along multiple dimensions. On average, stayers earn lower annual and hourly wages and work in less educated occupations.
Subjects: 
migration
human capital
education
college towns
wages
JEL: 
I20
J24
R23
Document Type: 
Working Paper

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