class of place based policies attempt to address these differences through public investments and subsidies that target …

location being determined by the level of education subsidies. For low transport costs, firms agglomerate in one region. We …

: unemployment vouchers and low-wage subsidies. The unemployment vouchers are targeted exclusively at the unemployed (especially the … longterm unemployed) and are provided only for a limited period of time. The low-wage subsidies, on the other hand, are granted … relative to low-wage subsidies. Conversely, the greater the danger that workers come to be trapped in dead-end jobs with flat …

of eligibility for the subsidies. To the extent that children from low-income households experience undernourishment with …

the government incentive to impact on entry costs, and how entry subsidies can be used strategically in open economies. We … the monopoly pricing distortion. In the autarky equilibrium these subsidies trigger entry, but they eventually do not lead … to more but to better firms in the market. In the open economy there is another, strategic motive for entry subsidies as …