Public Investment, the Rate of Return, and Optimal Fiscal Policy

Informationen zum Autor Arrow, Kenneth J.; Kruz, Mordecai Klappentext This book, co-authored by the Nobel-prized economist, Kenneth Arrow, considers public expenditures in the context of modern growth theory. It analyzes optimal growth with public capital. A theory of 'controllability' is developed and injected into public economics and growth models.Originally published in 1970 Zusammenfassung This book, co-authored by the Nobel-prized economist, Kenneth Arrow, considers public expenditures in the context of modern growth theory. It analyzes optimal growth with public capital. A theory of 'controllability' is developed and injected into public economics and growth models. First Published in 2011. Routledge is an imprint of Taylor & Francis, an informa company. Inhaltsverzeichnis Chapter 1 Basic Concepts for the Theory of Public Investment; Chapter 2 Methods of Optimization over Time; Chapter 3 Optimal Investment Planning in a One-Commodity Model; Chapter 4 Optimal Investment in a Two-Sector Model; Chapter 5 Objectives, Markets, and Public Instruments; Chapter 6 Optimal Policy and Controllability with Imperfect Capital Markets; Chapter 7 Consumer Behavior in a Perfect Market; Chapter 8 Controllability of Public Policy in Perfect Capital Markets;

Product details

• Authors: Kenneth J. Arrow, Kenneth J. (University of Stanford Arrow, Kenneth J./ Kurz Arrow, Arrow Kenneth J., Kenneth J. Arrow, Mordecai Kruz, Mordecai (Stanford University Kruz, Kruz Mordecai, Mordecai Kurz
• Publisher: Stylus Publishing
• Languages: English
• Product format: Hardback
• Released: 31.10.2010
• EAN: 9781617260308
• ISBN: 978-1-61726-030-8
• No. of pages: 218
• Series: Rff Library Collection: Enviro; RFF Environmental and Resource Economics Set; RFF Environmental and Resource Economics Set
• Subjects: Social sciences, law, business > Business > Business administration; Social sciences, law, business > Business > Miscellaneous; BUSINESS & ECONOMICS / Accounting / General, BUSINESS & ECONOMICS / Public Finance, Public finance accounting