This paper aims at quantifying the relative importance of different transmission channels generating the high levels of intergenerational correlations in education, especially in Latin America. A simultaneous equations model is applied to rich survey data from Mexico. The results show that the...

Achieving sustainable development hinges on two critical factors: the subnational implementation of public policies and the efficient allocation of resources across regions through vertical intergovernmental transfers. We introduce a framework that links these two mechanisms for analyzing the...

Determining policy priorities is a challenging task for any government because there may be, for example, a multiplicity of objectives to be simultaneously attained, a multidimensional policy space to be explored, inefficiencies in the implementation of public policies, interdependencies between...