Public economics:
Saved in:
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Cambridge [u.a.]
Cambridge Univ. Press
2004
|
| Edition: | 1. publ., digital printing |
| Subjects: | |
| Online Access: | Klappentext Inhaltsverzeichnis |
| Physical Description: | XVI, 546 S. graph. Darst. |
| ISBN: | 0521497213 0521497698 |
Staff View
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| 264 | 1 | |a Cambridge [u.a.] |b Cambridge Univ. Press |c 2004 | |
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| 650 | 4 | |a Denge (Ekonomi) | |
| 650 | 4 | |a Ekonomik politika | |
| 650 | 4 | |a Kamu refahı | |
| 650 | 4 | |a Refah ekonomisi | |
| 650 | 4 | |a Sosyal seçim | |
| 650 | 4 | |a Vergilendirme | |
| 650 | 4 | |a Steuer | |
| 650 | 4 | |a Wirtschaftspolitik | |
| 650 | 4 | |a Economic policy | |
| 650 | 4 | |a Equilibrium (Economics) | |
| 650 | 4 | |a Public welfare | |
| 650 | 4 | |a Social choice | |
| 650 | 4 | |a Taxation | |
| 650 | 4 | |a Welfare economics | |
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Record in the Search Index
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| adam_text | This new and up-to-date textbook provides a thorough treatment of all
the central topics in public economics. Written in an accessible style
and aimed squarely at senior undergraduate and graduate students, it
will be invaluable to those teaching in the field and will also be a vital
resource for professional economists.
The book is entirely self-contained and covers, in the first section, the
competitive equilibrium theory and welfare economics that underpin
the analysis of policy design. The second section studies commodity
taxation, income taxation, tax reform, the public economics of risk and
corporation taxation within the context of the competitive economy. In
the third section, departures from the standard competitive assumptions
and their implications for public economics are carefully considered.
The final section provides an introduction to the overlapping generation
economy before addressing
intertemporal
issues concerning social security
and debt.
Gareth Myles is Professor of Economics at the University of Exeter.
This book offers a much more balanced coverage of relevant material
than most books of this kind. Particularly important and instructive, in
my view, are the emphases on general equilibrium, optimal taxation,
corporate finance, imperfect competition, overlapping generations,
social security and public debt. The book should be an attractive text
for courses that focus on important issues of public policy. Indeed, for
such courses it could serve rather well as a principal text.
FIGURES
1.1 General government total outlay as a percentage of nominal GDP page 12
1.2 Japanese government income and expenditure, 1991 13
1.3 United Kingdom government income and expenditure, 1991 14
1.4 US Federal and State expenditure by type and function, 1992 15
2.1 A typical production set 24
2.2 Non-uniqueness of optimal choices 29
2.3 Semi-continuity 30
2.4 The existence of equilibrium 31
2.5 Continuity of equilibrium 33
2.6 Core of the economy 35
2.7 The First Theorem 40
2.8 The non-satiation assumption 40
2.9 The Second Theorem in an exchange economy 41
2.10 Proof of the Second Theorem 43
2.11 The use of lump-sum transfers 44
2.12 Pareto optimal allocations 51
2.13 Incompleteness of the Pareto ranking 51
2.14 Social indifference curves 58
3.1 Construction of Engel scale 63
3.2 Rothbarth equivalence scale 64
3.3 The Barten scale 68
3.4 Lorenz curves as an incomplete ranking 73
3.5 Relating Gini to Lorenz 75
3.6 The equally distributed equivalent income 83
4.1 Interpretation of the Ramsey rule 105
xii List of figures
4.2 Production efficiency 128
5.1 After-tax budget constraints 134
5.2 Preferences 135
5.3 Translation of indifference curves 136
5.4 Agent monotonicity 137
5.5 A tax rate greater than 100 per cent 149
5.6 Zero rate at the top 152
5.7 Initial schedule 153
5.8 Pareto-improving schedule 154
5.9 Final schedule 154
5.10 Optimal tax rate and equity 162
6.1 The set of policy changes 169
6.2 Smooth and non-smooth production sets 171
6.3 Welfare improvement and production feasibility 176
6.4 Welfare-improving reform 176
6.5 Pareto-improving set 177
6.6 Cones 178
6.7 Representation via demands 179
6.8 Explanation of theorem 6.5 180
6.9 Production inefficiency after reform 183
6.10 Production efficiency 183
6.11 The inverse optimum 187
7.1 Time and uncertainty 200
7.2 Portfolio choice 215
7.3 Wealth-portfolio locus 215
7.4 Income tax with zero return on safe asset 217
7.5 Effect of an income tax 218
9.1 Consumption possibilities for one unit of good 266
9.2 The Lindahl equilibrium 274
9.3 Indirect preferences over private provision 282
9.4 Private provision equilibrium 283
9.5 Non-optimality of private provision 283
9.6 The possibility of oversupply 284
9.7 Equilibria and optima for various H 286
9.8 Comparison of lump-sum and commodity tax finance 294
9.9 Manipulating the Lindahl equilibrium 296
10.1 Non-convexity 324
13.1 Structure of generations 417
List of figures xiii
13.2 Efficient allocation 428
13.3 Dynamic solution 432
13.4 Stable convergence to steady state 438
13.5 Consumption possibility locus 441
13.6 Golden rule competitive equilibrium 443
14.1 Non-existence of pooling equilibrium 481
14.2 Separating equilibrium 482
14.3 Social security 483
15.1 Equilibrium and stability 489
15.2 Effect of increase in external debt 489
15.3 Steady state effect 491
15.4 Effect of an increase in internal debt 493
15.5 Receipts and payment for one-period debt 501
|
| adam_txt |
This new and up-to-date textbook provides a thorough treatment of all
the central topics in public economics. Written in an accessible style
and aimed squarely at senior undergraduate and graduate students, it
will be invaluable to those teaching in the field and will also be a vital
resource for professional economists.
The book is entirely self-contained and covers, in the first section, the
competitive equilibrium theory and welfare economics that underpin
the analysis of policy design. The second section studies commodity
taxation, income taxation, tax reform, the public economics of risk and
corporation taxation within the context of the competitive economy. In
the third section, departures from the standard competitive assumptions
and their implications for public economics are carefully considered.
The final section provides an introduction to the overlapping generation
economy before addressing
intertemporal
issues concerning social security
and debt.
Gareth Myles is Professor of Economics at the University of Exeter.
This book offers a much more balanced coverage of relevant material
than most books of this kind. Particularly important and instructive, in
my view, are the emphases on general equilibrium, optimal taxation,
corporate finance, imperfect competition, overlapping generations,
social security and public debt. The book should be an attractive text
for courses that focus on important issues of public policy. Indeed, for
such courses it could serve rather well as a principal text.
FIGURES
1.1 General government total outlay as a percentage of nominal GDP page 12
1.2 Japanese government income and expenditure, 1991 13
1.3 United Kingdom government income and expenditure, 1991 14
1.4 US Federal and State expenditure by type and function, 1992 15
2.1 A typical production set 24
2.2 Non-uniqueness of optimal choices 29
2.3 Semi-continuity 30
2.4 The existence of equilibrium 31
2.5 Continuity of equilibrium 33
2.6 Core of the economy 35
2.7 The First Theorem 40
2.8 The non-satiation assumption 40
2.9 The Second Theorem in an exchange economy 41
2.10 Proof of the Second Theorem 43
2.11 The use of lump-sum transfers 44
2.12 Pareto optimal allocations 51
2.13 Incompleteness of the Pareto ranking 51
2.14 Social indifference curves 58
3.1 Construction of Engel scale 63
3.2 Rothbarth equivalence scale 64
3.3 The Barten scale 68
3.4 Lorenz curves as an incomplete ranking 73
3.5 Relating Gini to Lorenz 75
3.6 The equally distributed equivalent income 83
4.1 Interpretation of the Ramsey rule 105
xii List of figures
4.2 Production efficiency 128
5.1 After-tax budget constraints 134
5.2 Preferences 135
5.3 Translation of indifference curves 136
5.4 Agent monotonicity 137
5.5 A tax rate greater than 100 per cent 149
5.6 Zero rate at the top 152
5.7 Initial schedule 153
5.8 Pareto-improving schedule 154
5.9 Final schedule 154
5.10 Optimal tax rate and equity 162
6.1 The set of policy changes 169
6.2 Smooth and non-smooth production sets 171
6.3 Welfare improvement and production feasibility 176
6.4 Welfare-improving reform 176
6.5 Pareto-improving set 177
6.6 Cones 178
6.7 Representation via demands 179
6.8 Explanation of theorem 6.5 180
6.9 Production inefficiency after reform 183
6.10 Production efficiency 183
6.11 The inverse optimum 187
7.1 Time and uncertainty 200
7.2 Portfolio choice 215
7.3 Wealth-portfolio locus 215
7.4 Income tax with zero return on safe asset 217
7.5 Effect of an income tax 218
9.1 Consumption possibilities for one unit of good 266
9.2 The Lindahl equilibrium 274
9.3 Indirect preferences over private provision 282
9.4 Private provision equilibrium 283
9.5 Non-optimality of private provision 283
9.6 The possibility of oversupply 284
9.7 Equilibria and optima for various H 286
9.8 Comparison of lump-sum and commodity tax finance 294
9.9 Manipulating the Lindahl equilibrium 296
10.1 Non-convexity 324
13.1 Structure of generations 417
List of figures xiii
13.2 Efficient allocation 428
13.3 Dynamic solution 432
13.4 Stable convergence to steady state 438
13.5 Consumption possibility locus 441
13.6 Golden rule competitive equilibrium 443
14.1 Non-existence of pooling equilibrium 481
14.2 Separating equilibrium 482
14.3 Social security 483
15.1 Equilibrium and stability 489
15.2 Effect of increase in external debt 489
15.3 Steady state effect 491
15.4 Effect of an increase in internal debt 493
15.5 Receipts and payment for one-period debt 501 |
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| id | DE-604.BV035067195 |
| illustrated | Illustrated |
| index_date | 2024-07-02T22:02:45Z |
| indexdate | 2024-07-09T21:21:27Z |
| institution | BVB |
| isbn | 0521497213 0521497698 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-016735624 |
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| physical | XVI, 546 S. graph. Darst. |
| publishDate | 2004 |
| publishDateSearch | 2004 |
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| publisher | Cambridge Univ. Press |
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| spelling | Myles, Gareth D. 1961- Verfasser (DE-588)124942180 aut Public economics Gareth D. Myles 1. publ., digital printing Cambridge [u.a.] Cambridge Univ. Press 2004 XVI, 546 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Denge (Ekonomi) Ekonomik politika Kamu refahı Refah ekonomisi Sosyal seçim Vergilendirme Steuer Wirtschaftspolitik Economic policy Equilibrium (Economics) Public welfare Social choice Taxation Welfare economics Öffentliche Wirtschaft (DE-588)4242500-1 gnd rswk-swf Finanzwissenschaft (DE-588)4121273-3 gnd rswk-swf Wohlfahrtstheorie (DE-588)4066735-2 gnd rswk-swf Finanzwissenschaft (DE-588)4121273-3 s DE-604 Wohlfahrtstheorie (DE-588)4066735-2 s 1\p DE-604 Öffentliche Wirtschaft (DE-588)4242500-1 s 2\p DE-604 Digitalisierung UB Passau application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016735624&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Klappentext Digitalisierung UB Regensburg - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016735624&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 2\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Myles, Gareth D. 1961- Public economics Denge (Ekonomi) Ekonomik politika Kamu refahı Refah ekonomisi Sosyal seçim Vergilendirme Steuer Wirtschaftspolitik Economic policy Equilibrium (Economics) Public welfare Social choice Taxation Welfare economics Öffentliche Wirtschaft (DE-588)4242500-1 gnd Finanzwissenschaft (DE-588)4121273-3 gnd Wohlfahrtstheorie (DE-588)4066735-2 gnd |
| subject_GND | (DE-588)4242500-1 (DE-588)4121273-3 (DE-588)4066735-2 |
| title | Public economics |
| title_auth | Public economics |
| title_exact_search | Public economics |
| title_exact_search_txtP | Public economics |
| title_full | Public economics Gareth D. Myles |
| title_fullStr | Public economics Gareth D. Myles |
| title_full_unstemmed | Public economics Gareth D. Myles |
| title_short | Public economics |
| title_sort | public economics |
| topic | Denge (Ekonomi) Ekonomik politika Kamu refahı Refah ekonomisi Sosyal seçim Vergilendirme Steuer Wirtschaftspolitik Economic policy Equilibrium (Economics) Public welfare Social choice Taxation Welfare economics Öffentliche Wirtschaft (DE-588)4242500-1 gnd Finanzwissenschaft (DE-588)4121273-3 gnd Wohlfahrtstheorie (DE-588)4066735-2 gnd |
| topic_facet | Denge (Ekonomi) Ekonomik politika Kamu refahı Refah ekonomisi Sosyal seçim Vergilendirme Steuer Wirtschaftspolitik Economic policy Equilibrium (Economics) Public welfare Social choice Taxation Welfare economics Öffentliche Wirtschaft Finanzwissenschaft Wohlfahrtstheorie |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016735624&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016735624&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT mylesgarethd publiceconomics |