Public Economics: The Macroeconomic Perspective

Public Economics: The Macroeconomic Perspective
ISBN-10
3030009890
ISBN-13
9783030009892
Category
Business & Economics
Pages
388
Language
English
Published
2019-02-08
Publisher
Springer
Author
Burkhard Heer

Description

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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