Educational Spillovers: Does One Size Fit All?
Date of This Version
In a search model of production, where agents accumulate heterogenous amounts of human capital, an individual worker’s wage depends on average human capital in the searching population. Based on this model, this paper estimates a Mincerian wage equation augmented with terms for average human capital. The authors find that there is a positive and significant spillover effect, but that the effect differs by gender and population group, as well as educational status. The differing spillover effects can only partially be explained by occupational choice.
Working Paper Number
Baumann, Robert and Solomon, Raphael, "Educational Spillovers: Does One Size Fit All?" (2005). Economics Department Working Papers. Paper 90.