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Public Economics

The Macroeconomic Perspective. Springer Texts in Business and Economics

By (author) Burkhard Heer
Format: Hardback
Publisher: Springer Nature Switzerland AG, Cham, Switzerland
Published: 22nd Feb 2019
Dimensions: w 156mm h 234mm d 24mm
Weight: 748g
ISBN-10: 3030009874
ISBN-13: 9783030009878
Barcode No: 9783030009878
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Synopsis
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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