Human Capital Externalities and the Urban Wage Premium: Two Literatures and their Interrelations

Benedikt Halfdanarson (), Daniel Heuermann and Jens Suedekum
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Benedikt Halfdanarson: Statistics Iceland

No 3493, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: 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.

Keywords: human capital externalities; local labor markets; urban wage premium; agglomeration (search for similar items in EconPapers)
JEL-codes: J31 J61 R12 R23 (search for similar items in EconPapers)
Pages: 39 pages
Date: 2008-05
New Economics Papers: this item is included in nep-geo, nep-hap, nep-lab and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

Published - published in: Urban Studies, 2010, 47 (4), 749-767

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Journal Article: Human Capital Externalities and the Urban Wage Premium: Two Literatures and their Interrelations (2010)
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