We investigate equilibrium impacts of federal policies such as free-college proposals, taking into account that human capital production is cumulative and that state governments have resource constraints. In the model, a state government cares about household welfare and aggregate educational...

Räumliche Ungleichheiten innerhalb von Staaten haben jüngst an Bedeutung gewonnen, wie die geografische Verteilung von Wahlergebnissen in vielen Ländern zeigt. Das Buch analysiert die Rolle von Indikatoren sowohl für die Messung von räumlichen Disparitäten als auch für die Steuerung...

Chile is one of the most concentrated country in the world. Most of the 40 percent of the population live in the capital city, Santiago, where around 45 percent of the GDP is produced. At the same time, most of the policies promoting welfare are focus on people and they are spatially blind. This...