TY  - RPRT
        AU  - Halfdanarson, Benedikt
AU  - Heuermann, Daniel F.
AU  - Suedekum, Jens
        TI  - Human Capital Externalities and the Urban Wage Premium: Two Literatures and their Interrelations
        PY  - 2008/May/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 3493
        UR  - https://www.iza.org/publications/dp3493
        AB  - In this paper we survey the recent developments in two empirical literatures at the crossroads of labor and urban economics: Studies about localized human capital externalities (HCE) and about the urban wage premium (UWP). After surveying the methods and main results of each of these two literatures separately, we highlight several interrelations between them. In particular we ask if HCE can be interpreted as one fundamental cause of the UWP, and we discuss if one literature can conceptually learn from the methods that are used by the other one.
        KW  - human capital externalities
KW  - local labor markets
KW  - urban wage premium
KW  - agglomeration
        ER  -