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Public Investment, the Rate of Return, and Optimal Fiscal Policy de Kenneth J. Arrow

Public Investment, the Rate of Return, and Optimal Fiscal Policy: RFF Environmental and Resource Economics Set

Autor Kenneth J. Arrow, Mordecai Kruz
en Limba Engleză Hardback – 19 ian 2011
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
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Specificații

ISBN-13: 9781617260308
ISBN-10: 1617260304
Pagini: 254
Dimensiuni: 156 x 234 x 16 mm
Greutate: 0.45 kg
Ediția:1
Editura: Taylor & Francis
Colecția RFF Press
Seria RFF Environmental and Resource Economics Set

Locul publicării:Oxford, United Kingdom

Notă biografică

Arrow, Kenneth J.; Kruz, Mordecai

Cuprins

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;

Descriere

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. First Published in 2011. Routledge is an imprint of Taylor & Francis, an informa company.