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Public Economics

The Macroeconomic Perspective

Economic theory and philosophy Macroeconomics Economic history Finance and the finance industry Public finance and taxation Civil service and public sector Game theory

Author: Burkhard Heer

Collection: Springer Texts in Business and Economics

Language: English

Published by: Springer

Published on: 8th February 2019

Format: LCP-protected ePub

Size: 25 Mb

ISBN: 9783030009892

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Challenges in Public Economics

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.

Additional Resources

GAUSS and MATLAB computer code as well as teaching material (slides) are available as downloads from the author's homepage.

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