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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.
Published by: Springer
Publication Date: 2019-02-22
Format: Hardcover
ISBN-13: 9783030009878
DOI: 10.1007/978-3-030-00989-2
Dimensions: 235cm x155cm
Pages: 388