TY - JOUR
T1 - The impact of a local human capital shock
T2 - evidence from World War II veterans
AU - Lee, Jongkwan
N1 - Funding Information:
This work was supported by the Ewha Womans University Research Grant of 2021.
Publisher Copyright:
© 2022, The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.
PY - 2022
Y1 - 2022
N2 - As a result of the GI Bill, returning World War II veterans were generally highly educated, but their locations following the war were highly uneven across cities in the USA. Exploiting the spatial variation in these returning veterans driven by prewar communities of veterans, I study the long-run persistence of an increase in local human capital. While there is strong persistence in skills across cities, this shock produced a large and uneven increase in local skills after the war. Furthermore, this positive shock had long-lasting effects on local human capital from 1940 to 2010.
AB - As a result of the GI Bill, returning World War II veterans were generally highly educated, but their locations following the war were highly uneven across cities in the USA. Exploiting the spatial variation in these returning veterans driven by prewar communities of veterans, I study the long-run persistence of an increase in local human capital. While there is strong persistence in skills across cities, this shock produced a large and uneven increase in local skills after the war. Furthermore, this positive shock had long-lasting effects on local human capital from 1940 to 2010.
KW - GI Bill
KW - Local human capital
KW - Persistence
KW - Veterans
UR - http://www.scopus.com/inward/record.url?scp=85136189348&partnerID=8YFLogxK
U2 - 10.1007/s00148-022-00919-9
DO - 10.1007/s00148-022-00919-9
M3 - Article
AN - SCOPUS:85136189348
SN - 0933-1433
JO - Journal of Population Economics
JF - Journal of Population Economics
ER -