Public Economics : The Macroeconomic Perspective, Hardback Book

Public Economics : The Macroeconomic Perspective Hardback

Part of the Springer Texts in Business and Economics series

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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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