Public Economics The Macroeconomic Perspective /

• Main Author: Heer, Burkhard (Author, http://id.loc.gov/vocabulary/relators/aut)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2019.
• Edition: 1st ed. 2019.
• Series: Springer Texts in Business and Economics,
• Subjects: Public finance.; Finance, Public.; Macroeconomics.; Game theory.; Economic theory.; Financial crises.; Public Economics.; Public Finance.; Macroeconomics/Monetary Economics//Financial Economics.; Game Theory, Economics, Social and Behav. Sciences.; Economic Theory/Quantitative Economics/Mathematical Methods.; Financial Crises.
• Physical Description: XVIII, 388 p. 102 illus., 101 illus. in color. online resource.
• ISBN: 9783030009892
• ISSN: 2192-4333
• DOI: 10.1007/978-3-030-00989-2

Today, the most pressing challenges for public economics are of macroeconomic nature: pensions, debt, income distribution, and fiscal sustainability. All these problems are compounded by the phenomenon of demographic transition and aging. This graduate textbook addresses these issues with the help of state-of-the-art macroeconomic tools that are based on a sound microfoundation and rooted in empirical evidence. Different from the standard partial-equilibrium analysis in traditional textbooks on public economics, the concept of general equilibrium helps to account for compensating or amplifying side-effects of economic policy. GAUSS and MATLAB computer code as well as teaching material (slides) are available as downloads from the author's homepage. .