Lectures on Public Economics: Updated Edition

Cover
Title
Copyright
Contents
Introduction
Preface
Introductory Note to the 1980 Edition
PART ONE THE ANALYSIS OF POLICY
	Lecture 1 Introduction: Public Economics
		1–1 Introduction
		1–2 Role of the Government
		1–3 Guide to the Lectures
		Note: The Public Sector—Statistical Background
	Lecture 2 Household Decisions, Income Taxation, and Labour Supply
		2–1 Introduction
		2–2 Income Taxation and Labour Supply
		2–3 Broader Models of Labour Supply
		2–4 Empirical Evidence on Labour Supply
		2–5 Concluding Comments
		Note on the Expenditure Function
		Reading
	Lecture 3 Taxation, Savings, and Decisions over Time
		3–1 Intertemporal Decisions and Taxation
		3–2 The Basic Intertemporal Model
		3–3 Developments of the Model and Alternative Views
		3–4 Empirical Evidence—Taxation and the Interest Elasticity of Savings
		3–5 Concluding Comments
		Reading
	Lecture 4 Taxation and Risk-Taking
		4–1 Risk-Taking and Portfolio Allocation
		4–2 Effects of Taxation
		4–3 Special Provisions of the Tax System
		4–4 Generalization of Results
		4–5 Concluding Comments
		Note on Risk Aversion
		Reading
	Lecture 5 Taxation and the Firm
		5–1 Taxes and the Firm
		5–2 Corporation Tax and the Cost of Capital
		5–3 Taxation and Investment
		5–4 A Wider View of Investment
		5–5 Empirical Investigation of Taxation and Investment
		5–6 Concluding Comments
		Reading
	Lecture 6 Tax Incidence: Simple Competitive Equilibrium Model
		6–1 Introduction: Tax Incidence
		6–2 Static Two-Sector Model
		6–3 Incidence of Corporation Tax
		6–4 General Tax Incidence
		6–5 Incidence in a Two-Class Economy
		6–6 Numerical Applications of the Model
		6–7 Concluding Comments
		Note on the Cost Function
		Reading
	Lecture 7 Tax Incidence: Departures from the Standard Model
		7–1 Introduction
		7–2 Market Imperfections
		7–3 Monopolistic Competition
		7–4 Structure of Production
		7–5 Non-Market-Clearing
		7–6 Concluding Comments
		Reading
	Lecture 8 Taxation and Debt in a Growing Economy
		8–1 Introduction
		8–2 An Aggregate Model of Equilibrium Growth
		8–3 Growth and Taxation
		8–4 Taxation in a Life-Cycle Model
		8–5 Burden of the National Debt
		8–6 Concluding Comments
		Reading
	Lecture 9 Distributional Effect of Taxation and Public Expenditure
		9–1 Taxation, Spending, and Redistribution
		9–2 Modelling the Distribution of Income
		9–3 Distributional Incidence
		9–4 Empirical Studies of the Redistributive Impact of the Government Budget
		9–5 Concluding Comments
		Reading
	Lecture 10 Theories of the State and Public Economics
		10–1 Introduction
		10–2 Voting and Decisions
		10–3 Administration and Bureaucracies
		10–4 Power, Interest Groups, and Marxist Theories
		10–5 Empirical Studies of Public Expenditure
		Reading
PART TWO THE DESIGN OF POLICY
	Lecture 11 Introduction to Part Two: Normative Analysis
		11–1 Introduction
		11–2 Normative Theories of the State
		11–3 Pareto Efficiency and Welfare Economics
		11–4 Standard Public Finance Objectives
		11–5 Range of Government Instruments
		Note on the Measurement of Income Inequality
		Reading
	Lecture 12 The Structure of Indirect Taxation
		12–1 Introduction
		12–2 The Ramsey Tax Problem
		12–3 Application of the Ramsey Results
		12–4 Partial Welfare Improvements and Tax Reform
		12–5 Optimal Taxation in a Many-Person Economy
		12–6 Concluding Comments
		Reading
	Lecture 13 The Structure of Income Taxation
		13–1 Introduction
		13–2 A Simple Model
		13–3 Linear Income Tax
		13–4 General Income Tax
		13–5 Concluding Comments
		Reading
	Lecture 14 A More General Treatment of the Optimal Tax Problem
		14–1 Introduction
		14–2 Indirect Taxes and Linear Direct Taxation
		14–3 Nonlinear Tax Schedules and Tax Exemptions
		14–4 Taxation of Savings
		14–5 Externalities in Consumption and Corrective Taxes
		14–6 Concluding Comments
		Reading
	Lecture 15 Public Sector Pricing and Production
		15–1 Introduction
		15–2 Departures from Marginal Cost Pricing
		15–3 Choice of Technique and Production Efficiency
		15–4 Cost–Benefit Analysis and Social Rate of Discount
		15–5 Concluding Comments
		Reading
	Lecture 16 Public Goods and Publicly Provided Private Goods
		16–1 Introduction
		16–2 Optimum Provision of Pure Public Goods—Efficiency
		16–3 Optimum Provision of Pure Public Goods—Distribution
		16–4 Publicly Provided Private Goods
		16–5 Equilibrium Levels of Public Expenditure
		16–6 Revelation of Preferences
		Reading
	Lecture 17 Local Public Goods
		17–1 Introduction
		17–2 Optimum Provision of Local Public Goods
		17–3 Market Equilibria and Optimality: Identical Individuals
		17–4 Market Equilibria and Optimality: Heterogeneous Individuals
		17–5 Fiscal Federalism
		Reading
	Lecture 18 Public Economics: Theory and Policy
		18–1 On the Sources of Disagreement in Policy Analysis
		18–2 Thinking about Policy: Taxation
		18–3 Thinking about Policy: Expenditures
		18–4 Policy Reform and Political Economy
Bibliography
Author Index
Subject Index