Human capital spillovers 

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Microsoft Word - discussion33.doc
... ). however, human capital externalities can be large for specific disciplines (for instance life sciences, engineering), but no studies are available in which human capital spillovers are attempted to be linked to careers. thirdly, investments in education are risky. prospective students cannot properly assess the effect of the program on their human capital ...
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Microsoft Word - cpbdoc91.doc
... human capital, taking the average human capital stock as given. the social marginal product of human capital takes the effect of individual human capital investments on the average human capital stock into account. in the presence of human capital spillovers ...
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