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Intermediate Public Economics 2ed

by Jean Hindriks and Gareth D Myles The MIT Press
Pub Date:
04/2013
ISBN:
9780262018692
Format:
Hbk 1016 pages
Price:
AU$223.00 NZ$233.91
Product Status: In Stock Now
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Instructors
& Academics:
Public economics studies how government taxing and spending activities affect the economy‚ÄĒeconomic efficiency and the distribution of income and wealth. This comprehensive text on public economics covers the core topics of market failure and taxation as well as recent developments in both policy and the academic literature. It is unique not only in its broad scope but in its balance between public finance and public choice and its combination of theory and relevant empirical evidence.

The book covers the theory and methodology of public economics; presents a historical and theoretical overview of the public sector; and discusses such topics as departures from efficiency (including imperfect competition and asymmetric information), issues in political economy, equity, taxation, fiscal federalism, and tax competition among independent jurisdictions. Suggestions for further reading, from classic papers to recent research, appear in each chapter, as do exercises. The mathematics has been kept to a minimum without sacrificing intellectual rigor; the book remains analytical rather than discursive. This second edition has been thoroughly updated throughout. It offers new chapters on behavioral economics, limits to redistribution, international taxation, cost-benefit analysis, and the economics of climate policy. Additional exercises have been added and many sections revised in response to advice from readers of the first edition.
Jean Hindriks is Professor in the Economics Department and Codirector of the Center forOperations Research and Econometrics (CORE) at the UniversitA© Catholique de Louvain. Gareth D. Myles is Head of Department and Professor of Economics at the University of Exeterand a Research Fellow at the Institute for Fiscal Studies. He is the author of PublicEconomics.