Public Finance: A Normative Theory, Fourth Edition provides a classic text on the normative theory of government policy. This valuable and accessible resource covers the welfare aspects of public economics, with considerable coverage of European examples. The work presents detailed and comprehensive coverage of theoretical literature, empirical work, environmental issues, social insurance, behavioral economics and international tax issues. The book is organized logically, written in an engaging manner, and is both sufficiently rigid for use by those with PhDs in math and accessible to students less well trained in math.
1. Chapter 1 Introduction to Normative Public Sector Theory - p. 3 2. Chapter 2 A General Equilibrium Model for Public Sector Analysis - p. 21 3. Chapter 3 First-Best and Second-Best Analyses and the Political Economy of Public Sector Economics - p. 37 4. Chapter 4 The Social Welfare Function in Policy Analysis - p. 57 5. Chapter 5 The Problem of Externalities—An Overview - p. 81 6. Chapter 6 Consumption Externalities - p. 85 7. Chapter 7 Production Externalities - p. 111 8. Chapter 8 An Application of Externality Theory - p. 127 9. Chapter 9 The Theory of Decreasing Cost Production - p. 149 10. Chapter 10 The First-Best Theory of Taxation and Transfers - p. 167 11. Chapter 11 Applying First-Best Principles of Taxation—What to Tax and How - p. 181 12. Chapter 12 Introduction to Second-Best Analysis - p. 211 13. Chapter 13 The Second-Best Theory of Taxation in One-Consumer Economies With Linear Production Technology - p. 221 14. General Equilibrium Price Models - p. 222 15. The Measurement of Loss From Distorting Taxes - p. 223 16. The Optimal Pattern of Commodity Taxes - p. 238 17. Substitutions Among Taxes: Implications for Welfare Loss - p. 243 18. Chapter 14 The Second-Best Theory of Taxation With General Production Technologies and Many Consumers - p. 247 19. A One-Consumer Economy With General Technology - p. 247 20. Many-Person Economies: Fixed Producer Prices - p. 254 21. Many-Person Economy With General Technology - p. 260 22. The Social Welfare Implications of Any Given Change in Taxes - p. 262 23. Chapter 15 Taxation Under Asymmetric Information - p. 267 24. Chapter 16 The Theory and Measurement of Tax Incidence - p. 289 25. Chapter 17 Expenditure Incidence and Economywide Incidence Studies - p. 315 26. Chapter 18 Tax Reform - p. 343 27. Chapter 19 Transfer Payments and Private Information - p. 359 28. Chapter 20 Social Insurance - p. 379 29. Chapter 21 Social Insurance - p. 399 30. Chapter 22 Externalities in a Second-Best Environment - p. 417 31. Chapter 23 Decreasing Costs and the Theory of the Second Best—The Boiteux Problem - p. 429 32. Chapter 24 General Production Rules in a Second-Best Environment - p. 437 33. Chapter 25 Behavioral Public Sector Economics - p. 449 34. Chapter 26 Optimal Federalism - p. 469 35. Chapter 27 Optimal Federalism - p. 481 36. Chapter 28 The Role of Grants-in-Aid in a Federalist System of Governments - p. 501 37. Chapter 29 International Public Finance - p. 521 38. Index - p. 539 39. Index - continued - p. 546
Public Finance: A Normative Theory, Fourth Edition provides a classic text on the normative theory of government policy. This valuable and accessible resource covers the welfare aspects of public economics, with considerable coverage of European examples. The work presents detailed and comprehensive coverage of theoretical literature, empirical work, environmental issues, social insurance, behavioral economics and international tax issues. The book is organized logically, written in an engaging manner, and is both sufficiently rigid for use by those with PhDs in math and accessible to students less well trained in math.
1. Chapter 1 Introduction to Normative Public Sector Theory - p. 3 2. Chapter 2 A General Equilibrium Model for Public Sector Analysis - p. 21 3. Chapter 3 First-Best and Second-Best Analyses and the Political Economy of Public Sector Economics - p. 37 4. Chapter 4 The Social Welfare Function in Policy Analysis - p. 57 5. Chapter 5 The Problem of Externalities—An Overview - p. 81 6. Chapter 6 Consumption Externalities - p. 85 7. Chapter 7 Production Externalities - p. 111 8. Chapter 8 An Application of Externality Theory - p. 127 9. Chapter 9 The Theory of Decreasing Cost Production - p. 149 10. Chapter 10 The First-Best Theory of Taxation and Transfers - p. 167 11. Chapter 11 Applying First-Best Principles of Taxation—What to Tax and How - p. 181 12. Chapter 12 Introduction to Second-Best Analysis - p. 211 13. Chapter 13 The Second-Best Theory of Taxation in One-Consumer Economies With Linear Production Technology - p. 221 14. General Equilibrium Price Models - p. 222 15. The Measurement of Loss From Distorting Taxes - p. 223 16. The Optimal Pattern of Commodity Taxes - p. 238 17. Substitutions Among Taxes: Implications for Welfare Loss - p. 243 18. Chapter 14 The Second-Best Theory of Taxation With General Production Technologies and Many Consumers - p. 247 19. A One-Consumer Economy With General Technology - p. 247 20. Many-Person Economies: Fixed Producer Prices - p. 254 21. Many-Person Economy With General Technology - p. 260 22. The Social Welfare Implications of Any Given Change in Taxes - p. 262 23. Chapter 15 Taxation Under Asymmetric Information - p. 267 24. Chapter 16 The Theory and Measurement of Tax Incidence - p. 289 25. Chapter 17 Expenditure Incidence and Economywide Incidence Studies - p. 315 26. Chapter 18 Tax Reform - p. 343 27. Chapter 19 Transfer Payments and Private Information - p. 359 28. Chapter 20 Social Insurance - p. 379 29. Chapter 21 Social Insurance - p. 399 30. Chapter 22 Externalities in a Second-Best Environment - p. 417 31. Chapter 23 Decreasing Costs and the Theory of the Second Best—The Boiteux Problem - p. 429 32. Chapter 24 General Production Rules in a Second-Best Environment - p. 437 33. Chapter 25 Behavioral Public Sector Economics - p. 449 34. Chapter 26 Optimal Federalism - p. 469 35. Chapter 27 Optimal Federalism - p. 481 36. Chapter 28 The Role of Grants-in-Aid in a Federalist System of Governments - p. 501 37. Chapter 29 International Public Finance - p. 521 38. Index - p. 539 39. Index - continued - p. 546
