Public Investment, the Rate of Return, and Optimal Fiscal Policy

1. Auflage 2011
ISBN: 978-1-61726-030-8
Verlag: RFF Press

Buch, Englisch, 254 Seiten, Format (B × H): 161 mm x 240 mm, Gewicht: 549 g

Reihe: RFF Environmental and Resource Economics Set

This book, co-authored by the Nobel-prized economist, Kenneth Arrow, considers public expenditures in the context of modern growth theory. It analyzes optimal growth with public capital. A theory of 'controllability' is developed and injected into public economics and growth models.

Originally published in 1970

Autoren/Hrsg.

Arrow, Kenneth J.

Kruz, Mordecai

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Öffentliche Finanzwirtschaft, Besteuerung

Inhaltsverzeichnis

Chapter 1 Basic Concepts for the Theory of Public Investment; Chapter 2 Methods of Optimization over Time; Chapter 3 Optimal Investment Planning in a One-Commodity Model; Chapter 4 Optimal Investment in a Two-Sector Model; Chapter 5 Objectives, Markets, and Public Instruments; Chapter 6 Optimal Policy and Controllability with Imperfect Capital Markets; Chapter 7 Consumer Behavior in a Perfect Market; Chapter 8 Controllability of Public Policy in Perfect Capital Markets;

Über Autor(innen)

Arrow, Kenneth J.; Kruz, Mordecai