Modern public economics
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| Format: | Buch |
| Sprache: | English |
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London [u.a.]
Routledge
2010
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| Ausgabe: | 2. ed. |
| Schriftenreihe: | Routledge advanced texts in economics and finance
13 |
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| Online-Zugang: | Inhaltsverzeichnis |
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| 245 | 1 | 0 | |a Modern public economics |c Raghbendra Jha |
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| 650 | 4 | |a Steuer | |
| 650 | 4 | |a Expenditures, Public | |
| 650 | 4 | |a Finance, Public | |
| 650 | 4 | |a Taxation | |
| 650 | 4 | |a Welfare economics | |
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Datensatz im Suchindex
| _version_ | 1819606753646477312 |
|---|---|
| adam_text | Contents
List of tables
xiv
List of figures
xv
Preface
xix
Preface to the first edition
xxi
PARTI
Welfare economics
1
Introduction to Part I
2
1
A quick primer on consumer demand
3
1.1
Introduction
3
1.2
Some key definitions
3
1.3
Utility functions
7
1.4
The consumer s utility maximization problem
7
1.5
Some other useful relations in demand theory
13
1.6
Consumer s surplus and measurement of welfare
changes
14
1.7
Conclusions
17
1.8
Appendix on welfare evaluation of economic
changes
18
2
Perfect competition and Pareto optimality
28
2.1
Introduction
28
2.2
Paretian
ranking of social states
28
2.3
Pareto optimality
29
2.4
The classical theorems of
welf
are economics
33
2.5
An extension to the case of uncertainty
43
2.6
The theorem of second best
51
2.7
Conclusions
53
viii Contents
3
Forms of the social welfare function
54
3.1
Introduction
54
3.2
Early attempts at formulating an approach
to distribution
54
3.3
Aggregating individual preferences to arrive at
social choice
58
3.4
Arrow s general possibility and other impossibility
theorems
61
3.5
Beyond the Arrow framework
68
3.6
Forms of the social welfare function (SWF)
70
3.7
Concluding remarks
74
PARTII
The theory of public expenditure
75
Introduction to Part II
76
4
External effects and tbe market mechanism
79
4.1
Introduction
79
4.2
Effects of externalities
80
4.3
A policy example: the pricing ofeducation
85
4.4
Common property resources
90
4.5
Multilateral externalities
92
4.6
Conclusions
94
5
The theory of pure public goods
95
5.1
Introduction
95
5.2
Par
eto optimality
with pure public goods
96
5.3
Public goods with distortionary taxation
99
5.4
The free-rider problem
101
5.5
Private provision of public goods
110
5.6
Voting models of public goods
115
5.7
Concludingremarb
120
6
Topics in the theory of public goods
121
6.1
Introduction
121
6.2
The theory of clubs
121
6.3
The Tiebout hypothesis
124
6.4
Multi-product clubs
129
6.5
Financing pure public goods with distortionary
taxes
133
Contents ix
6.6 Public
goods
provision
with asymmetric
information
136
6.7
Rent seeking
143
6.8
Conclusions
150
PARTIU
The theory of taxation
153
Introduction to Part III
154
7
The effects of taxes on savings
157
7.1
Introduction
157
7.2
The elementary life-cycle model of saving
157
7.3
Capital market
imperfections
and the life-cycle model
163
7.4
Broader life-cycle models of savings and taxes
165
7.5
Aggregate savings and taxation
166
7.6
A consumption/expenditure tax
170
7.7
Savings by firms
178
7.8
Social security, pensions, and savings
178
7.9
The extended life-cycle models of savings
180
7.10
Empirical evidence on effects of taxes on savings
182
7.11
Conclusions
184
8
Taxation and labor supply
186
8.1
Introduction
186
8.2
The basic model of labor supply
186
8.3
Comparison of the effects of various types of taxes
189
8.4
Taxation and the decision to enter the
labor market 190
8.5
Effects of a progressive tax on labor supply
193
8.6
A summary of the empirical evidence on effects of lower
taxes on labor supply
200
8.7
Conclusions
205
Appendix
205
9
The effects of taxes on investment behavior
208
9.1
Introduction
208
9.2
The Fisherian model
208
9.3
The aggregate approach
213
9.4
Comparing the effects of an investment tax credit versus a
corporate tax cut: a Cobb-Douglas example
222
9.5
Decisions on the financing of investment expenditure
224
9.6
The effective rate of taxation and the cost of finance
224
χ
Contents
9.7
The impact of subsidies on incentives for R&D
231
9.8
Conclusions
232
10
Taxation and risk taking
234
10.1
Introduction
234
10.2
Effects of taxation on risk taking by households
234
10.3
The
Modigliani-Miller
theorem and decisions on the
financing of investment expenditure
238
10.4
The effects of progression on risk taking
246
10.5
Concluding comments
248
11
The theory of tax incidence
249
11.1
Introduction
249
11.2
Tax incidence in the two-sector model of general
equilibrium
250
11.3
Tax incidence in a model of involuntary unemployment
259
11.4
Extensions of the basic model
265
11.5
Tax incidence with a rate of return regulation
266
11.6
Conclusions
271
12
Tax incidence in dynamic models
273
12.1
Introduction
273
12.2
The neoclassical model of economic growth
273
12.3
Balanced growth path tax incidence
278
12.4
Taxation in the life-cycle model
279
12.5
Tax incidence in a monetary version of the
Solow model
282
12.6
Tax incidence in more general life-cycle models
285
12.7
Land rent taxation in an
intertemporal
economy
294
12.8
Tax and debt as revenue instruments
297
12.9
Conclusions
302
13
Some results in commodity taxation
304
13.1
Introduction
304
13.2
Elasticity type rules in commodity taxation
304
13.3
Uniform commodity taxation
310
13.4 Redistributive
indirect taxation
311
13.5
Extent of redistribution through commodity taxation
315
13.6
The value added tax (VAT)
319
13.7
VAT and the informal sector
323
13.8
Conclusions
326
Contents xi
14
Aspects of income
taxation
328
14.1
Introduction
328
14.2
Optimal linear taxes
328
14.3
Optimal non-linear income taxation (Mirrlees
and Ramsey)
331
14.4
Information theoretic foundations of optimal tax theory
339
14.5
Optimal taxation with imperfect substitution of labor
346
14.6
Optimal wage and interest income taxation in
steady state
348
14.7
The optimal mix of direct and indirect taxes
353
14.8
Conclusions
356
Appendix
357
15
Topics in the theory of taxation
359
15.1
Introduction
359
15.2
Taxation in models of endogenous growth
359
15.3
Problems of income tax indexation
364
15.4
Time inconsistency
366
15.5
Tax compliance and tax evasion
373
15.6
Intertemporal
tax evasion: Andreoni s model
3 79
15.7
Concluding comments
382
16
Tax reform
384
16.1
Introduction
384
16.2
Welfare foundations of tax reform
390
16.3
Tax reform in a dynamic context
396
16.4
The marginal approach to tax reform
401
16.5
Conclusions
406
PART IV
Applied problems in public economics
409
Introduction to Part IV 41 °
17
Pricing in the public sector
411
77.7
Introduction
411
17.2
The Ramsey-Boiteux linear pricing problem
411
17.3
Some simplified examples
415
17.4
The optimality of marginal cost pricing
417
17.5
Second-best Ramsey-Boiteux pricing once again
422
17.6 Redistributive
Ramsey
(Feldstein)
pricing -the
general case
425
xii Contents
17.7
Multi-part tariffs
426
17.8
Peak load pricing
434
17.9
Pricing of joint products
-
allocation of
common costs
437
17.10
Conclusions
443
18
International aspects of taxation
445
18.1
Introduction
445
18.2
The theory of tariffs in an open economy
445
18.3
International fiscal coordination: interest taxation
452
18.4
Integrating personal and corporate taxation in an open
economy
457
18.5
Ramsey optimal taxation in an open economy
461
18.6
Concluding remarks
462
19
Tax incentives and corporate taxation
464
19.1
Introduction
464
19.2
Tax incentives
470
19.3
Effective tax rates
475
19.4
Conclusions
479
20
Global public goods
480
20.1
Introduction
480
20.2
Defining a global public good
480
20.3
Allocation issues with inter-generational global
public goods
482
20.4
Understanding supply decision problems of global
public goods
484
20.5
International cooperation and global public goods
487
20.6
Conclusions
488
21
Cost-benefit analysis and randomized evaluation
490
21.1
Introduction
490
21.2
Criteria for cost-benefit analysis
491
21.3
The social rate of discount
493
21.4
Evaluating benefits and costs
—
shadow prices
496
21.5
Some difficulties in the measurement of benefits
and costs
504
21.6
Randomized evaluation
505
21.7
Conclusions
508
Contents xiii
22
Environmental taxation and emission trading schemes
510
22.1
Introduction
510
22.2
Instrument choice in the design of environmental policy
511
22.3
Choosing between environmental taxes and emissions
trading
514
22.4
Designing environmental taxes
515
22.5
Efficiency in permit markets
518
22.6
Comparing auctions and
grandfaihering
520
22.7
Conclusions
521
PARTV
Fiscal federalism
523
Introduction to Part V
524
23
Issues in fiscal federalism
525
23.1
Introduction and background
525
23.2
Efficiency and equity in a federal economy
526
23.3
Equity considerations with layers of governments
527
23.4
Rationale for the existence of
subcentral
authorities
528
23.5
Other roles of
subcentral
authorities
534
23.6
The optimal size of local jurisdictions
535
23.7
Conclusions
539
Appendix
540
24
Grants and taxes in federal countries
545
24.1
Introduction
545
24.2
Purposes of grants
545
24.3
Types of grants
553
24.4
The effects of various types of grants
-
traditional
models
554
24.5
The new models of the effects of grants
559
24.6
Tax assignment in federal countries
561
24.7
Conclusions
567
Problems
569
Bibliography
582
Author index
616
Subject index
620
|
| any_adam_object | 1 |
| author | Jha, Raghbendra 1953- |
| author_GND | (DE-588)120136627 |
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| bvnumber | BV035775139 |
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| ctrlnum | (OCoLC)316736965 (DE-599)BVBBV035775139 |
| dewey-full | 336 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 336 - Public finance |
| dewey-raw | 336 |
| dewey-search | 336 |
| dewey-sort | 3336 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| edition | 2. ed. |
| format | Book |
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| id | DE-604.BV035775139 |
| illustrated | Illustrated |
| indexdate | 2024-12-23T22:43:03Z |
| institution | BVB |
| isbn | 9780415460101 0415460107 9780415460118 0415460115 9780203870044 0203870042 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-018634748 |
| oclc_num | 316736965 |
| open_access_boolean | |
| owner | DE-M382 DE-945 DE-355 DE-BY-UBR DE-703 DE-19 DE-BY-UBM DE-188 |
| owner_facet | DE-M382 DE-945 DE-355 DE-BY-UBR DE-703 DE-19 DE-BY-UBM DE-188 |
| physical | XXIV, 623 S. graph. Darst. |
| publishDate | 2010 |
| publishDateSearch | 2010 |
| publishDateSort | 2010 |
| publisher | Routledge |
| record_format | marc |
| series | Routledge advanced texts in economics and finance |
| series2 | Routledge advanced texts in economics and finance |
| spellingShingle | Jha, Raghbendra 1953- Modern public economics Routledge advanced texts in economics and finance Finanzwirtschaft Steuer Expenditures, Public Finance, Public Taxation Welfare economics Wohlfahrtstheorie (DE-588)4066735-2 gnd Steuerwissenschaften (DE-588)4203015-8 gnd Öffentlicher Sektor (DE-588)4056673-0 gnd Steuerpolitik (DE-588)4057447-7 gnd Finanzwirtschaft (DE-588)4017214-4 gnd Öffentliche Ausgaben (DE-588)4043136-8 gnd Finanzwissenschaft (DE-588)4121273-3 gnd Wirtschaftstheorie (DE-588)4079351-5 gnd |
| subject_GND | (DE-588)4066735-2 (DE-588)4203015-8 (DE-588)4056673-0 (DE-588)4057447-7 (DE-588)4017214-4 (DE-588)4043136-8 (DE-588)4121273-3 (DE-588)4079351-5 |
| title | Modern public economics |
| title_auth | Modern public economics |
| title_exact_search | Modern public economics |
| title_full | Modern public economics Raghbendra Jha |
| title_fullStr | Modern public economics Raghbendra Jha |
| title_full_unstemmed | Modern public economics Raghbendra Jha |
| title_short | Modern public economics |
| title_sort | modern public economics |
| topic | Finanzwirtschaft Steuer Expenditures, Public Finance, Public Taxation Welfare economics Wohlfahrtstheorie (DE-588)4066735-2 gnd Steuerwissenschaften (DE-588)4203015-8 gnd Öffentlicher Sektor (DE-588)4056673-0 gnd Steuerpolitik (DE-588)4057447-7 gnd Finanzwirtschaft (DE-588)4017214-4 gnd Öffentliche Ausgaben (DE-588)4043136-8 gnd Finanzwissenschaft (DE-588)4121273-3 gnd Wirtschaftstheorie (DE-588)4079351-5 gnd |
| topic_facet | Finanzwirtschaft Steuer Expenditures, Public Finance, Public Taxation Welfare economics Wohlfahrtstheorie Steuerwissenschaften Öffentlicher Sektor Steuerpolitik Öffentliche Ausgaben Finanzwissenschaft Wirtschaftstheorie |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=018634748&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| volume_link | (DE-604)BV037241432 |
| work_keys_str_mv | AT jharaghbendra modernpubliceconomics |