What is the effect of an increase in the overall level of human capital on the economy of a
city? Although much is known about the private return to education, much less is known …

The case for corrective economic policies as stated in Econ101 is relatively straightforward.
In some instances, there is a wedge between the private costs (or benefits) resulting from …

This article is devoted to an investigation of the forms of human capital that characterize
cities at different levels of the US urban hierarchy. Basic data on human capital are drawn …

Based on recent theoretical developments the argument is made that the average level of
human capital is a local public good. Cities with higher average levels of human capital …

Working Paper 8709 AMENITIES AND THE RETURNS TO HUMAN CAPITAL by Patricia E.
Beeson Patricia E. Beeson is a visiting economist a Page 1 Working Paper 8709 AMENITIES …

Two topics of economic inquiry, income distribution and urban economics, are brought
together in this article. While recent contributions to our knowledge on both topics have been …

I propose that cities with higher average levels of human capital should experience faster
employment growth. Using data on all US metropolitan areas (MSAs) over the period 1940 …

Research on human capital generally focuses on the regional level, and neglects the
relative effects of its distribution between center cities and surrounding suburbs. This …

We combine growth theory with US Census data on individual schooling and wages to
estimate the aggregate return to human capital and human capital externalities in cities. Our …

If we postulate the usual list of forces, cities should fly apart. The theory of production
contains nothing that holds a city together. A city is simply a collection of factors of …