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This paper develops a dynamic spatial equilibrium model of a multi-region, multi-sector open economy where heterogeneous agents optimally choose their job, ...

We show empirically that 11 percent of recent US high school graduates did not apply for federal financial aid due to finding applying too difficult or ...

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We revisit the role of human capital in explaining the cross-country variation in GDP. We propose a general-equilibrium model in which workers of different ...

How does an adverse economic shock affect families? We answer this question by exploiting a natural-experimental earthquake shock and unique panel data with ...