Public Economics [electronic resource] : The Macroeconomic Perspective /
Heer, Burkhard.author.
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: Government 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. .
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.