XVIII, 388 p. 102 illus., 101 illus. in color. online resource
Today, the most pressing challenges for public economics are of macroeconomic nature: pensions, debt, income distribution, and fiscal sustainability. All these problems are compounded by the phenomenon of demographic transition and aging. This graduate textbook addresses these issues with the help of state-of-the-art macroeconomic tools that are based on a sound microfoundation and rooted in empirical evidence. Different from the standard partial-equilibrium analysis in traditional textbooks on public economics, the concept of general equilibrium helps to account for compensating or amplifying side-effects of economic policy. GAUSS and MATLAB computer code as well as teaching material (slides) are available as downloads from the author's homepage.
Introduction -- Part I: Useful Models: Ramsey Model -- The Overlapping Generations Model -- Part II: Fiscal Policy: Goverment Consumption- Income Taxation -- Part III: Social Security, Demographics, and Debt: Pensions -- Public Debt -- Name Index. Subject Index
Public Economics. http://scigraph.springernature.com/things/product-market-codes/W34000
Public Finance. http://scigraph.springernature.com/things/product-market-codes/611000