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Public Economics

The Macroeconomic Perspective

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eBook. PDF

eBook

2019

388 S. XVIII, 388 p. 102 illus., 101 illus. in color..

In englischer Sprache

Springer International Publishing. ISBN 978-3-030-00989-2

Das Werk ist Teil der Reihe: Springer Texts in Business and Economics

Produktbeschreibung

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.