I provide estimates of intergenerational mobility (IGM) in education at a disaggregated geographic level for Chile, a country with high school-level stratification by socioeconomic status and a decentralized administration of public schools. I document wide variation across communes. Relative...

The Capital Markets reform of 2001 in Chile (MK I) established a tax exemption for income from capital gains from the sale of stocks with high trading volume. the goals of the reform were to increase participation, size, and liquidity in the local stock market. However, it is not clear how a tax...