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Intermediate Public Economics

ISBN-10: 0262018691
ISBN-13: 9780262018692
Edition: 2nd 2013
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Description: Public economics studies how government taxing and spending activities affect theeconomy -- economic efficiency and the distribution of income and wealth. This comprehensive text onpublic economics covers the core topics of market failure and  More...

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Book details

List price: $110.00
Edition: 2nd
Copyright year: 2013
Publisher: MIT Press
Publication date: 4/5/2013
Binding: Hardcover
Pages: 1016
Size: 8.00" wide x 9.25" long x 1.75" tall
Weight: 3.916
Language: English

Public economics studies how government taxing and spending activities affect theeconomy -- economic efficiency and the distribution of income and wealth. This comprehensive text onpublic economics covers the core topics of market failure and taxation as well as recentdevelopments in both policy and the academic literature. It is unique not only in its broad scopebut in its balance between public finance and public choice and its combination of theory andrelevant 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 asdepartures from efficiency (including imperfect competition and asymmetric information), issues inpolitical economy, equity, taxation, fiscal federalism, and tax competition among independentjurisdictions. Suggestions for further reading, from classic papers to recent research, appear ineach chapter, as do exercises. The mathematics has been kept to a minimum without sacrificingintellectual rigor; the book remains analytical rather than discursive. This second edition has beenthoroughly updated throughout. It offers new chapters on behavioral economics, limits toredistribution, 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 ofthe first edition.

Jean Hindriks is Professor in the Economics Department and Codirector of the Center forOperations Research and Econometrics (CORE) at the Universit� Catholique de Louvain.

Gareth D. Myles is Head of Department and Professor of Economics at the University of Exeterand a Research Fellow at the Institute for Fiscal Studies. He is the author of PublicEconomics.

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