TY  - RPRT
        AU  - Winters, John V.
        TI  - Human Capital Externalities and Employment Differences across Metropolitan Areas of the U.S.
        PY  - 2012/Sep/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 6869
        UR  - https://www.iza.org/publications/dp6869
        AB  - 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.
        KW  - employment
KW  - labor force participation
KW  - human capital externalities
KW  - agglomeration
        ER  -