Exploring Wage Determination by Education Level

Autor:	Donald R. Grimes, Mary Beth Walker, Penelope B. Prime
Rok vydání:	2016
Předmět:	Economics and Econometrics Labour economics media_common.quotation_subject 05 social sciences Metropolitan statistical area 0211 other engineering and technologies Wage 021107 urban & regional planning 02 engineering and technology Development Bachelor Urban Studies Efficiency wage 0502 economics and business Economics Wage share 050207 economics media_common
Zdroj:	Economic Development Quarterly. 30:191-202
ISSN:	1552-3543 0891-2424
DOI:	10.1177/0891242416628995
Popis:	The purpose of this study is to explain urban wage differentials with a special focus on educational levels. The authors explore whether the share of people with a bachelor’s degree or higher in the community matters to the wages of those within specific educational cohorts, accounting for cost of living, human capital externalities, consumer externalities, policy factors, and local labor market conditions. Using data for all U.S. Metropolitan Statistical Areas between 2005 and 2012, the authors find that the presence of more highly educated people will result in a higher median wage in the community overall, as do many studies, but that this factor does not significantly increase the wage for any individual education cohort. These results are hidden if we only look at the entire workforce in the aggregate.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::d1db2849d26fc822b185996ddac92ffa https://doi.org/10.1177/0891242416628995 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
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