BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//CREST - ECPv5.1.3//NONSGML v1.0//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-WR-CALNAME:CREST
X-ORIGINAL-URL:https://crest.science
X-WR-CALDESC:Events for CREST
BEGIN:VTIMEZONE
TZID:Europe/Helsinki
BEGIN:DAYLIGHT
TZOFFSETFROM:+0200
TZOFFSETTO:+0300
TZNAME:EEST
DTSTART:20220327T010000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0300
TZOFFSETTO:+0200
TZNAME:EET
DTSTART:20221030T010000
END:STANDARD
END:VTIMEZONE
BEGIN:VEVENT
DTSTART;TZID=Europe/Helsinki:20220927T121500
DTEND;TZID=Europe/Helsinki:20220927T133000
DTSTAMP:20260711T133051
CREATED:20220907T050314Z
LAST-MODIFIED:20241104T133145Z
UID:14008-1664280900-1664285400@crest.science
SUMMARY:Elio NIMIER-DAVID (CREST) - "Local Human Capital and Firm Creation: Evidence from the Massification of Higher Education in France"
DESCRIPTION:Applied Micro seminar : Every Tuesday \nTime: 12:15 pm – 13:30 pm\nDate: 27 th of September 2022\nRoom : 3001 \nElio NIMIER-DAVID (CREST) – “Local Human Capital and Firm Creation: Evidence from the Massification of Higher Education in France” \nAbstract: Do college expansion policies promote local economic development? This paper exploits a construction policy of hundreds of new colleges in France over the 1990s and rich administrative data on workers and firms to assess the effects of higher education establishments. First\, I study the medium-run impact on education\, firm creation\, employment and wages at the city level. Exploiting geographic variations and the staggered implementation of the policy in an event-study design\, I find a persistent rise in the level of education of the local workforce and in firm entry. The creation of firms in (i) tradable industries and (ii) industries intensive in high-skill labor indicates that the effect is driven by the supply of newly educated workers. Yet\, incumbent firms experienced lower growth and a higher exit rate following the opening of new colleges. Employment stays constant in the medium-run but is subject to large composition effects: employment increases for young high-skilled workers but decreases for older workers. City-level results are complemented with findings at the individual level\, shedding light on long-run positive effects. Combining differences in dates of birth with the timing of the policy\, I find that cohorts directly exposed to the new colleges became more educated\, more likely to be employed and hold more skilled positions. \nOrganizers:\nBenoît SCHMUTZ (Pôle d’économie du CREST)\nRoland RATHELOT (Pôle d’économie du CREST)\nSponsors:\nCREST \n
URL:https://crest.science/event/elio-nimier-david-crest-t-b-a/
CATEGORIES:Applied Seminar,Economics,Microeconometrics,Seminars
ATTACH;FMTTYPE=:
END:VEVENT
END:VCALENDAR