Handbook of Public Economics - Couverture rigide

Couverture rigide

ISBN 10 : 044482314X ISBN 13 : 9780444823144

Editeur : North-Holland, 2002

Synopsis

The Field of Public Economics has been changing rapidly in recent years, and the sixteen chapters contained in this Handbook survey many of the new developments. As a field, Public Economics is defined by its objectives rather than its techniques and much of what is new is the application of modern methods of economic theory and econometrics to problems that have been addressed by economists for over two hundred years. More generally, the discussion of public finance issues also involves elements of political science, finance and philosophy. These connections are evidence in several of the chapters that follow.

Public Economics is the positive and normative study of government's effect on the economy. We attempt to explain why government behaves as it does, how its behavior influences the behavior of private firms and households, and what the welfare effects of such changes in behavior are. Following Musgrave (1959) one may imagine three purposes for government intervention in the economy: allocation, when market failure causes the private outcome to be Pareto inefficient, distribution, when the private market outcome leaves some individuals with unacceptably low shares in the fruits of the economy, and stabilization, when the private market outcome leaves some of the economy's resources underutilized. The recent trend in economic research has tended to emphasize the character of stabilization problems as problems of allocation in the labor market. The effects that government intervention can have on the allocation and distribution of an economy's resources are described in terms of efficiency and incidence effects. These are the primary measures used to evaluate the welfare effects of government policy.

A propos du livre

Revue de presse

...The latest volume in a series providing a comprehensive review of research in public economics contains nine papers that address lacunae in earlier volumes or revisit topics on which there has been substantial new research.
Journal of Economic Literature
...Both public-finance economists and those outside the field will find value in the fourth volume of the Handbook of Public Economics. The chapters provide a thorough summary of research on policy-relevant topics including health care, Social Security, and welfare. They also include a plethora of empirical estimates on critical parameter values, providing researchers venturing beyond their own area of expertise a reliable (and eminently citable!) source for reasonable values. The individual chapters are self-contained and could easily serve as supplements to core reading requirements in undergraduate or graduate courses. ...The rest of the volume features chapters on generational accounting, tax incidence, local public goods, education, and welfare programs. The enduring relevance of these topics both in academia and policy circles makes this volume of the Handbook of Public Economics a useful resource for economists and policy analysts alike.
Journal of Economic Literature

Détails de l'édition

• Éditeur: North-Holland
• Date d'édition: 2002
• Langue: anglais
• ISBN 10: 044482314X
• ISBN 13: 9780444823144
• Reliure: Relié
• Nombre de pages: 674
• Éditeur: Feldstein Martin, Auerbach A.J.
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible