Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/67256 
Year of Publication: 
2012
Series/Report no.: 
IZA Discussion Papers No. 6869
Publisher: 
Institute for the Study of Labor (IZA), Bonn
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 prime age adults with a college degree, has positive external effects on labor force participation and employment for U.S. metropolitan area residents. The empirical results suggest that the local human capital level has positive externalities on the probability of labor force participation and employment for both women and men. We also find that less educated workers generally receive the largest external benefits.
Subjects: 
employment
labor force participation
human capital externalities
agglomeration
JEL: 
J21
J24
R23
Document Type: 
Working Paper

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