The assumption that people live in one place with their lives guided by a singular set of national and cultural norms no longer holds true. The same applies for migrating due to various reasons with the aim of finding a better place to live. Instead, contemporary transnational migrants are...

Even the most egalitarian education systems employ high-stakes tests to regulate the transition from universal secondary education to selective academic programs that open doors to skilled, well-paid professions. This gives parents a strong incentive to invest substantial resources in improving...

We estimate, for the first time, long-run trends in intergenerational economic mobility for a multitude of countries in Latin America going beyond parent-child correlations in educational attainment. We use several indicators of well-being, such as the socio-economic situation of individuals,...

This paper investigates one of the most important financial issues arising from a secession or a country partioning, namely the sharing of the national public debt. Extending Dreze's distributive neutrality condition, we use the generational accounting technique and propose a dynamic...

El objetivo de este trabajo es analizar el impacto que la entrada de inmigrantes tendrá sobre las cuentas de las Administraciones Públicas andaluzas y sobre la sostenibilidad a largo plazo de las actuales políticas de gasto público en Andalucía. Para ello, realizamos diferentes simulaciones...

This paper examines, using the Generational Accounting method, the long run viability and the intergenerational income redistribution effects of the Spanish public pension system. Given the huge intertemporal debt accumulated by the current pension system, which is allocated entirely to...