Executive Summary: Iowa offers several tax incentive programs that have been utilized by biofuel producers. The tax credit programs include the Enterprise Zone Program (EZ), the New Jobs and Income Program (NJIP), the New Capital Investment Program (NCIP), and the High Quality Job Creation...

This paper analyzes the macroeconomic role that different household groups play in human capital formation, sectoral growth and income distribution in Rwanda. Using a disaggregated SAM for Rwanda and with the assistance of structural path analysis, the paper explores the macroeconomic...

Education is the basic requirement and the ‘Fundamental Right’ of the citizens of a nation. Elementary Education system also serves as the base over which the super-structure of the whole knowledge system is built up. This calls for bringing all children under coverage of Elementary...

The object of this article is to assess the causal impact of promotions policies on students' choice of the field of study. We match the records of the students enrolled in two large universities with the records of the participating schools. Within the participating schools, some students took...

“We risk having a generation that hasn’t held a job. Personal dignity comes from working [...] Young people are in a crisis". Pope Francis - July the 22nd, 2013. Youth unemployment is a critical issue across the European Union with 5.5 million people unemployed among the 18-24 years age...

This paper shows that in Belgium, programs to prevent electricity cuts among the poor often do not reach the poorest. This is less because the poorest cannot benefit from the programs (if they apply, they almost always are granted benefits) than because they often fail to apply for the programs....

The National Budget has a key role as an instrument of funds allocation for different social priorities and resources redistribution with localized impact in the provinces. The main objective of Social Public Expenditure (GPS) is to promote the access of most vulnerable social groups to quality...

As part of a broader discussion of fiscal federalism in Argentina, this research analyzes the role of the National Budget as an instrument of resource allocation that has an impact located in the provinces. To do this, we consider the evolution between 2004 and 2007 transfers and budget programs...

Budget constraints faced by governments in developing countries imply that the targeting performance of public subsidies and social programs (whether the subsidies are provided in cash or in kind) is important for reducing poverty. In this paper, we analyze the distributional properties of the...

This paper investigates the long-run effects of open-market operations on the distributions of assets and prices in the economy. It offers a theoretical framework to incorporate multiple asset holdings in a tractable heterogeneous-agent model, in which the central bank implements policies by...