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On the importance of fertility behavior in school finance policy design

Yılmaz, Kuzey - 2014

To design an optimal education policy, it is essential to account for the fertility differential between the poor and the rich because it affects the human capital investment through the child quantity-quality tradeoff of children. We develop a dynamic general equilibrium in which parents choose...

Persistent link: https://www.econbiz.de/10010241308

Controlling a Distribution of Heterogeneous Agents

Nuño, Galo - 2015

This paper analyzes the problem of a benevolent planner wishing to control a population of heterogeneous agents subject to idiosyncratic shocks. This is equivalent to a deterministic control problem in which the state variable is the cross-sectional distribution. We show how, in continuous time,...

Persistent link: https://www.econbiz.de/10013011465

Spatial sorting and inequality

Diamond, Rebecca; Gaubert, Cecile - In: Annual review of economics 14 (2022), pp. 795-819

Persistent link: https://www.econbiz.de/10014428451

Agglomeration, inequality and economic growth : cross-section and panel data analysis

Castells Quintana, David; Royuela, Vicente - 2012

also uneven across space, it also seems relevant to wonder about the effects of the geographic agglomeration of economic … activity. Moreover, it seems relevant to consider not only the levels of inequality and agglomeration, but also their change … specifications and introducing different measures for agglomeration at country level, especially urbanization and urban concentration …

Persistent link: https://www.econbiz.de/10011515023