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Title: Do Educational Investments Affect Aggregate Earnings and Employment?
Citation Type: Miscellaneous
Publication Year: 2016
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Abstract: This paper examines the impact of state-level educational investments in public education on aggregate state labor markets, specifically earnings and employment. Using data on K-12 educational spending, 8th grade cognitive test scores, and educational demographics of a states labor force, I observe whether these state-level investments are set so that the lifetime benefits of these investments are greater than the cost. Taking interstate migration into account, I separate the benefits from educational investment into benefits due to own-state investment and benefits due to other-state investment. By doing so I am able to identify whether or not educational investment spillovers exist between states. The preliminary results indicate that the earnings benefits associated with test scores and K-12 educational spending spill over into other states. Results also show that 8th grade NAEP test scores do not spillover onto other states earnings.
Url: http://gatton.uky.edu/sites/default/files/Nietfeld Carla - Job Market Paper.pdf
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Authors: Nietfeld, Carla
Publisher: University of Kentucky
Data Collections: IPUMS USA
Topics: Education
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