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TitlePublic Economics [electronic resource] : The Macroeconomic Perspective / by Burkhard Heer
ImprintCham : Springer International Publishing : Imprint: Springer, 2019
Edition 1st ed. 2019
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Descript 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 finance Finance Public Macroeconomics Mathematics Economic theory Financial crises Public Economics. Public Finance. Macroeconomics/Monetary Economics//Financial Economics. Game Theory Economics Social and Behav. Sciences. Economic Theory/Quantitative Economics/Mathematical Methods. Financial Crises.


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