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Public economics : the macroeconomic perspective

Author: Burkhard Heer
Publisher: Cham, Switzerland : Springer, [2019]
Series: Springer texts in business and economics.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
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.  Read more...
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Genre/Form: Electronic books
Additional Physical Format: (OCoLC)1048946481
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Burkhard Heer
ISBN: 9783030009892 3030009890
OCLC Number: 1089016777
Description: 1 online resource.
Contents: 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.
Series Title: Springer texts in business and economics.
Responsibility: Burkhard Heer.

Abstract:

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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