This paper considers the impact of population aging on tax competition among states. The analysis presented here suggests that fiscal impacts associated with tax competition will be substantially larger once the baby boom generation retires

During and even after the Great Recession, numerous popular press stories commented on the apparent growth of non-tax revenues in the face of school district budget deficits. But Downes and Killeen (2014) show that nationally the growth of non-traditional revenues has been far less than these...

In 1994 the state of Michigan implemented one of the most comprehensive school finance reforms undertaken to date in any of the states. Understanding the effects of the reform is thus of value in informing other potential reform initiatives. In addition, the reform and associated changes in the...

Students who attend schools in low income communities have significantly lower achievement and make smaller gains than their counterparts in high income communities. Explanations for this achievement gap are generally based on constraints in financial resources. However, when equalizing...

We examine the impact of geo-referenced World Bank development programs on subnational development using equally sized grid cells with a spatial resolution of 0.5 decimal degrees latitude x longitude as the unit of investigation. The proposed grid cell approach solves a number of endogeneity...

Spanish Abstract: Este artículo examina el efecto del programa de transferencias monetarias condicionadas (CCT) Familias en Acción (FA) sobre el desarrollo económico local. Utilizando el impuesto municipal de industria y comercio como proxy de la actividad económica local mediante el uso de...

We construct a new database of spatial relations between industrial firms and development zones using the Application Programming Interface (API) addressing and document the development zones' spillover effect on firms' Total Factor Productivity (TFP). Development zones significantly improve the...

Nowadays it is quite evident that knowledge-based society necessarily involves the revaluation of human and intangible assets, as the advancement of local economies significantly depend on the qualitative and quantitative characteristics of human capital. As we can instantaneously link the...

We examine the impact of geo-referenced World Bank development programs on subnational development using equally sized grid cells with a spatial resolution of 0.5 decimal degrees latitude x longitude as the unit of investigation. The proposed grid cell approach solves a number of endogeneity...