We review and extend the empirical literature that seeks evidence of a wedge between the
private and social returns to human capital, specifically education. This literature has two …

What are the economic consequences to US natives of the growing diversity of American
cities? Is their productivity or utility affected by cultural diversity as measured by diversity of …

It is standard in the literature on training to use wages as a sufficient statistic for productivity.
This paper examines the effects of work‐related training on direct measures of productivity …

Abstract Observers of Silicon Valley's computer cluster report that employees move rapidly
between competing firms, but evidence supporting this claim is scarce. Job-hopping is …

Cities are physical structures, but the modern literature on urban economic development
rarely acknowledges that fact. The elasticity of housing supply helps determine the extent to …

This article attempts to improve our understanding of the causal processes that contribute to
intergenerational immobility by exploiting historical changes in compulsory schooling laws …

The identification of aggregate human-capital externalities is still not fully understood. The
existing (Mincerian) approach confounds positive externalities with wage changes due to a …

OLS regression identifies a 19 percent wage advantage for workers in large urban areas.
Fixed-effects estimation suggests that two-thirds of this premium can be explained by cities …

Note: The general assessment of this report has been endorsed by all members of the
EENEE network (see www. education-economics. org). The authors would like to thank …

This paper proposes a new empirical approach to assess the impact of knowledge spillovers
on firms' productivity and demand. I consider a model where process innovation spillovers to …