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Gabe, Todd M.1
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Abel, Jaison R.; Gabe, Todd M. – Federal Reserve Bank of New York, 2010
We examine the relationship between human capital and economic activity in U.S. metropolitan areas, extending the literature in two ways. First, we utilize new data on metropolitan area GDP to measure economic activity. Results show that a one-percentage-point increase in the proportion of residents with a college degree is associated with about a…
Descriptors: Human Capital, Information Technology, Metropolitan Areas, Economic Development