Description
Book SynopsisThe composition of government expenditure varies considerably across countries. The aim of this book is to explore the choice of expenditure using a range of modelling approaches.
Trade Review‘. . . this book provides very useful groundwork for modelling the composition of government spending. Scholars with a desire to explore and explain the future of public finances will find this a helpful launching pad.’ -- Cameron A. Shelton, Jahrbucher fur Nationalokonomie und Statistik
Table of ContentsContents: Part I: Introduction 1. Introduction 2. Alternative Choice Mechanisms Part II: Voting Models 3. Transfer Payments and Public Goods 4. The Role of Home Production 5. An Overlapping Generations Framework Part III: Optimal Choice 6. The Optimal Expenditure Composition 7. Education, Public Goods and Transfers 8. The Overlapping Generations Context Part IV: A General Equilibrium Model 9. A General Equilibrium OLG Model Bibliography Index
