Public Finance remains the premier textbook on the normative theory of government policy, with the third edition propelling into the twenty-first century its examination of what government ought to be doing instead of what it is doing. The welfare aspects of public economics receive extensively renewed examination in this third edition. With four new chapters and other significant revisions, it presents detailed and comprehensive coverage of theoretical literature, empirical work, environmental issues, social insurance, behavioral economics, and international tax issues. With increased emphasis on the European Union, it is rigid enough for use by PhDs while being accessible to students less well trained in math. Moves skillfully from explaining normative theory to applying it in mathematically compact and precise termsAdds new chapters on social insurance, medical care, social security pensions, behavioral public economics, and international public financeIncludes new pedagogical supplements, including end-of-chapter questions and answersEmphasizes European examples INDICE: Part I: Introduction: The Content and Methodology of Public Sector Theory Chapter 1: Introduction to Normative Public Sector Theory Chapter 2: A General Equilibrium Model for Public Sector Analysis Chapter 3: First-Best and Second-Best Analysis and the Political Economy of Public Sector Economics Part II: The Theory of Public Expenditures and Taxation-First-Best Analysis Chapter 4: The Social Welfare Function in Policy Analysis Chapter 5: The Problem of Externalities--An Overview Chapter 6: Consumption Externalities Chapter 7: Production Externalities Chapter 8: Global Warming: An Application of Externality Theory Chapter 9: The Theory of Decreasing Cost Production Chapter 10: The First-Best Theory of Taxation Chapter 11: Applying First-Best Principles of Taxation-What to Tax and How Part III: The Theory of Public Expenditures and Taxation: Second-Best Analysis Chapter 12: Introduction to Second-Best Analysis Chapter 13: The Second-Best Theory of Taxation in One-Consumer Economies with Linear Production Technology Chapter 14: The Second-Best Theory of Taxation with General Production Technologies and Many Consumers Chapter 15: Taxation Under Asymmetric Information Chapter 16: The Theory and Measurement of Tax Incidence Chapter 17: Expenditure Incidence and Economy-Wide Incidence Studies Chapter 18: The Second-Best Theory of Public Expenditures: Overview Chapter 19: Transfer Payments and Private Information Chapter 20: Social Insurance: Medical Care Chapter 21: Social Insurance: Social Security Chapter 22: Externalities in a Second-Best Environment Chapter 23: Decreasing Costs and the Theory of the Second-Best-The Boiteux Problem Chapter 24: General Production Rules in a Second-Best Environment Chapter 25: Behavioral Public Sector Economics Part IV: Fiscal Federalism and International Public Finance Chapter 26: Optimal Federalism: Sorting the Functions of Government Within the Fiscal Hierarchy Chapter 27: Optimal Federalism: The Sorting of People within the Fiscal Hierarchy Chapter 28: The Role of Grants-in-Aid in a Federalist System of Governments Chapter 29: International Public Finance
- ISBN: 978-0-12-810009-7
- Editorial: Academic Press
- Encuadernacion: Rústica
- Fecha Publicación: 30/10/2017
- Nº Volúmenes: 1
- Idioma: Inglés