ENGLISH

Public Finance in an Overlapping Generations Economy

By Toshihiro Ihori

Book information

Publisher
Palgrave Macmillan
Year
1996
ISBN
0333661923, 9780333661925
Language
english
Format
PDF
Filesize
10 MB (10849833 bytes)
Pages
312\312
Time added
2015-08-08 07:47:42

Description

This book presents a theoretically-based comprehensive analysis of macroeconomic consequences of fiscal policy using a popular economic model: the overlapping generations growth model. A wide range of essential public finance issues is analyzed, including the effects of tax reform on dynamic efficiency, positive and normative effects of public spending, considerations of taxes on fixed assets and monetary holdings, and sustainability of deficits. A unique approach is applied in the study of public finance: one expected to generate substantial interest among current graduate students and active researchers.

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