How Large are Aggregate Human-Capital Externalities?
This paper proposes a method to estimate aggregate human capital externalities in a model of heterogeneous agents that imposes consistency between micro-level and macro-level Mincer returns to schooling. Externalities are estimated to be in the order of 1-5%, which are in line with the most recent f...
Guardado en:
| Autores principales: | , |
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| Formato: | Objeto de conferencia |
| Lenguaje: | Inglés |
| Publicado: |
2018
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| Materias: | |
| Acceso en línea: | http://sedici.unlp.edu.ar/handle/10915/169109 |
| Aporte de: |
| Sumario: | This paper proposes a method to estimate aggregate human capital externalities in a model of heterogeneous agents that imposes consistency between micro-level and macro-level Mincer returns to schooling. Externalities are estimated to be in the order of 1-5%, which are in line with the most recent findings in the literature. |
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