Human capital spillovers in Dutch cities:consumption or productivity?

We study the recursive relationship between the ability of Dutch cities to attract recent graduate human capital to their labour-or housing markets and a city's skills structure, using a comprehensive dataset and a novel operationalisation strategy. We disentangle production and consumption spillovers by separating out human capital employed in a city's labour market and human capital present in a city's resident population, respectively. We do so for both the recent graduates flowing into Dutch cities to find work and a residential location, as well as for the incumbent workers and population... Mehr ...