Kenneth J. Arrow, Mordecai Kruz

Public Investment, the Rate of Return, and Optimal Fiscal Policy (eBook, PDF)

• Format: PDF

Produktbeschreibung

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

---

Dieser Download kann aus rechtlichen Gründen nur mit Rechnungsadresse in A, B, BG, CY, CZ, D, DK, EW, E, FIN, F, GR, HR, H, IRL, I, LT, L, LR, M, NL, PL, P, R, S, SLO, SK ausgeliefert werden.

Produktdetails

• Verlag: Taylor & Francis eBooks
• Seitenzahl: 218
• Erscheinungstermin: 18. Oktober 2013
• Englisch
• ISBN-13: 9781135988821
• Artikelnr.: 39910068

Autorenporträt

Arrow, Kenneth J.; Kruz, Mordecai

Inhaltsangabe

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