Intermediate Public Economics / Edition 1 available in Hardcover
- Pub. Date:
- MIT Press
A new edition of a comprehensive text, updated throughout, with new material on behavioral economics, international taxation, cost-benefit analysis, and the economics of climate policy.
Public economics studies how government taxing and spending activities affect the economyeconomic efficiency and the distribution of income and wealth. This comprehensive text on public economics covers the core topics of market failure and taxation as well as recent developments in both policy and the academic literature. It is unique not only in its broad scope but in its balance between public finance and public choice and its combination of theory and relevant empirical evidence.
The book covers the theory and methodology of public economics; presents a historical and theoretical overview of the public sector; and discusses such topics as departures from efficiency (including imperfect competition and asymmetric information), issues in political economy, equity, taxation, fiscal federalism, and tax competition among independent jurisdictions. Suggestions for further reading, from classic papers to recent research, appear in each chapter, as do exercises. The mathematics has been kept to a minimum without sacrificing intellectual rigor; the book remains analytical rather than discursive. This second edition has been thoroughly updated throughout. It offers new chapters on behavioral economics, limits to redistribution, international taxation, cost-benefit analysis, and the economics of climate policy. Additional exercises have been added and many sections revised in response to advice from readers of the first edition.
|Edition description:||Older Edition|
|Product dimensions:||8.00(w) x 9.00(h) x 1.25(d)|
|Age Range:||18 Years|
About the Author
Jean Hindriks is Professor in the Economics Department and Codirector of the Center for Operations Research and Econometrics (CORE) at the Université Catholique de Louvain.
Gareth D. Myles is Head of Department and Professor of Economics at the University of Exeter and a Research Fellow at the Institute for Fiscal Studies. He is the author of Public Economics.
What People are Saying About This
"Here, at last, is a text that methodically unites the traditional normative principles of public economics with the recent emphases on positive approaches to government behavior and on imperfect information as a source of both market and government failure. The material is accessible to students and gives a balanced and well-informed view of the field."RobinBoadway, Queen's University, Canada
" Intermediate Public Economics sets a new standard as a comprehensive text in public economic theory for advanced undergraduates and beginning graduate students. It combines clear and concise coverage of traditional topics, such as public goods, the theory of taxation, and externalities, with engaging and up-to-date discussion of more specialized topics such as political economy, fiscal federalism, and the effect of taxation on economic growth."James M. Poterba , Mitsui Professor of Economics, MIT