Market Thickness and the Early Labour Market Career of University Graduates: An Urban Advantage?

Forskningsoutput: TidskriftsbidragArtikel i vetenskaplig tidskrift

Standard

Market Thickness and the Early Labour Market Career of University Graduates: An Urban Advantage? / Ahlin, Lina; Andersson, Martin; Thulin, Per.

I: Spatial Economic Analysis, Vol. 9, Nr. 4, 2014, s. 396-419.

Forskningsoutput: TidskriftsbidragArtikel i vetenskaplig tidskrift

Harvard

APA

CBE

MLA

Vancouver

Author

RIS

TY - JOUR

T1 - Market Thickness and the Early Labour Market Career of University Graduates: An Urban Advantage?

AU - Ahlin, Lina

AU - Andersson, Martin

AU - Thulin, Per

PY - 2014

Y1 - 2014

N2 - A < sc > bstract We analyse the influence of market thickness for skills on initial wages and the early job market career of university graduates. Using Swedish micro-level panel data on a cohort of graduates, we show that two out of three graduates move to large cities upon graduation. Large cities increase employment probabilities and yield higher rewards to human capital, even after controlling for employment selection. The premium on initial wages for graduates in urban regions is in the interval of 5-6%, and we estimate a wage-growth premium of about 2-4%. Thicker markets for skills appear as a key reason for the concentration of graduates to larger cities.

AB - A < sc > bstract We analyse the influence of market thickness for skills on initial wages and the early job market career of university graduates. Using Swedish micro-level panel data on a cohort of graduates, we show that two out of three graduates move to large cities upon graduation. Large cities increase employment probabilities and yield higher rewards to human capital, even after controlling for employment selection. The premium on initial wages for graduates in urban regions is in the interval of 5-6%, and we estimate a wage-growth premium of about 2-4%. Thicker markets for skills appear as a key reason for the concentration of graduates to larger cities.

KW - matching

KW - mobility

KW - agglomeration economies

KW - job switching

KW - university

KW - graduates

KW - market thickness

KW - urban wage premium

KW - Human capital

U2 - 10.1080/17421772.2014.961534

DO - 10.1080/17421772.2014.961534

M3 - Article

VL - 9

SP - 396

EP - 419

JO - Spatial Economic Analysis

JF - Spatial Economic Analysis

SN - 1742-1772

IS - 4

ER -