Market Thickness and the Early Labour Market Career of University Graduates: An Urban Advantage?
(2014) In Spatial Economic Analysis 9(4). p.396-419- Abstract
- A < sc > bstract </sc > 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.
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/4871299
- author
- Ahlin, Lina LU ; Andersson, Martin LU and Thulin, Per
- organization
- publishing date
- 2014
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- matching, mobility, agglomeration economies, job switching, university, graduates, market thickness, urban wage premium, Human capital
- in
- Spatial Economic Analysis
- volume
- 9
- issue
- 4
- pages
- 396 - 419
- publisher
- Taylor & Francis
- external identifiers
-
- wos:000344776700004
- scopus:84911891439
- ISSN
- 1742-1772
- DOI
- 10.1080/17421772.2014.961534
- language
- English
- LU publication?
- yes
- id
- b7119d10-3804-4bbe-bb72-ac932721d9df (old id 4871299)
- date added to LUP
- 2016-04-01 10:05:30
- date last changed
- 2024-01-06 07:20:14
@article{b7119d10-3804-4bbe-bb72-ac932721d9df, abstract = {{A < sc > bstract </sc > 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.}}, author = {{Ahlin, Lina and Andersson, Martin and Thulin, Per}}, issn = {{1742-1772}}, keywords = {{matching; mobility; agglomeration economies; job switching; university; graduates; market thickness; urban wage premium; Human capital}}, language = {{eng}}, number = {{4}}, pages = {{396--419}}, publisher = {{Taylor & Francis}}, series = {{Spatial Economic Analysis}}, title = {{Market Thickness and the Early Labour Market Career of University Graduates: An Urban Advantage?}}, url = {{http://dx.doi.org/10.1080/17421772.2014.961534}}, doi = {{10.1080/17421772.2014.961534}}, volume = {{9}}, year = {{2014}}, }