Public Economics :
Material type: TextSeries: Publication details: Switzerland 2019 Edition: 1st ed. 2019Description: 1 online resource (XVIII, 388 pages 102 illustrations, 101 illustrations in color.)ISBN: 9783030009892Subject(s): Economic theory | Finance, Public | Financial crises | Game theory | Macroeconomics | Public finance | Public Economics | Economic Theory/Quantitative Economics/Mathematical Methods | Financial Crises | Game Theory, Economics, Social and Behav. Sciences | Macroeconomics/Monetary Economics//Financial Economics | Public FinanceDDC classification: 336Item type | Current library | Call number | Status | Date due | Barcode |
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Books | Gabriel Afolabi Ojo Central Library (Headquarters). | HJ141 .H44 2019 (Browse shelf(Opens below)) | Available | 0165440 |
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.
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.
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