This paper examines the role of public education in the context of parental migration, and it studies the effects of an expansive income tax policy that is adopted to increase public education expenditure per pupil. It is shown that such a policy may exacerbate income inequality in the long run...

The Status of the World’s Soil Resources Report identified in 2015 soil pollution as a major threat to all the services provided by soils (FAO and ITPS, 2015). This paper develops a spatial growth model for an agricultural economy where pollution diffuses in the soil. In order to produce, the...

We study a Ramsey problem in infinite and continuous time and space. The problem is discounted both temporally and spatially. Capital flows to locations with higher marginal return. We show that the problem amounts to optimal control of parabolic partial differential equations (PDEs). We rely on...