Behavioural Public Finance

Behavioural Public Finance
  • Author : M. Mustafa Erdoğdu,Larissa Batrancea,Savaş Çevik
  • Publisher : Routledge
  • Pages : 306
  • Relase : 2020-11-19
  • ISBN : 9781351107365

Behavioural Public Finance Book Review:

This book tackles political, social, and behavioural aspects of public finance and fiscal exchange. The book combines conventional approaches toward public finance with new developments in economics such as political governance, social and individual aspects of economic behaviour. It colligates public finance and behavioural economics and gathers original contributions within the emerging field of behavioural public finance. The book addresses public finance topics by incorporating political, social, and behavioural aspects of economic decision-making, assuming the tax relationship is shaped by three dimensions of decision-making. Thus, it aims not only to reflect the interdisciplinary nature of public finance by bringing together scholars from various disciplines but also to examine public finance through the lens of political, social, and behavioural aspects. The book scrutinizes the relationship between political institutions, governance types, and public finance; it investigates the impact of social context, social capital, and societal cooperation on public finance; it explores behavioural biases of individual fiscal preferences. This book is of interest to scholars, policymakers, tax professionals, business professionals, financers, university students, and researchers in the fields of public policy and economics.

Public Finance

Public Finance
  • Author : Richard W. Tresch
  • Publisher : Academic Press
  • Pages : 950
  • Relase : 2002-05-22
  • ISBN : 9780126990515

Public Finance Book Review:

Featuring a general equilibrium framework that is both cohesive and versatile, the Second Edition of Public Finance: A Normative Theory brings new and updated information to this classic text. Through its concentration on the microeconomic theory of the public sector in the context of capitalist market economics it addresses the subjects traditionally at the heart of public sector economics, including public good theory, theory of taxation, welfare analysis, externalities, tax incidence, cost benefit analysis, and fiscal federalism. Its goal of providing a foundation, rather than attempting to present the most recent scholarship in detail, makes this Second Edition both a valuable text and a resource for professionals. * Second edition provides new and updated information * Focuses on the heart of public sector economics, including public expenditure theory and policy, tax theory and policy, cost benefit-analysis, and fiscal federalism * Features a cohesive and versatile general equilibrium framework

Public Finance

Public Finance
  • Author : Carl Shoup
  • Publisher : Routledge
  • Pages : 676
  • Relase : 2017-07-05
  • ISBN : 9781351495738

Public Finance Book Review:

Broad in scope and carefully balanced in emphasis, this book is a major treatise on the theory and practice of public finance. It is unique in its presentation of a worldwide perspective and in its treatment of both the instruments of public finance and the goals, effects, and criteria of public finance measures. The book is divided into three parts. Book One defines the field, specifies the possible meaning of the "effects" of a public finance measure, and describes the criteria by which these measures are commonly appraised.Book Two is concerned with micro public finance and opens with a discussion of the theory of public goods in general. Each of the major free government services and types of transfer payments as well as the taxes that government employs are then examined. This section concludes with a chapter on the relevant aspects of government borrowing and inflationary finance. Book Three considers the major goals of public finance policy and describes how the various instruments described in Book Two can be used in achieving these goals. Among the topics treated are the use of appropriate instruments to resolve conflict in goals, conceptual problems of measuring the public finance sector and its maximum and minimum economic limits, consensus goals of equity full employment and Pareto-optimism use of resources, and goals that evoke conflicts of interest within any community.

Canadian Public Finance

Canadian Public Finance
  • Author : Geneviève Tellier
  • Publisher : University of Toronto Press
  • Pages : 256
  • Relase : 2019-03-08
  • ISBN : 9781487594411

Canadian Public Finance Book Review:

In this timely contribution, Genevi?ve Tellier imparts a sense of transparency to the public purse, providing a comprehensive account of the budget process of the federal and provincial and territorial governments.

The New Dynamic Public Finance

The New Dynamic Public Finance
  • Author : Narayana R. Kocherlakota
  • Publisher : Princeton University Press
  • Pages : 200
  • Relase : 2010-07-01
  • ISBN : 9781400835270

The New Dynamic Public Finance Book Review:

Optimal tax design attempts to resolve a well-known trade-off: namely, that high taxes are bad insofar as they discourage people from working, but good to the degree that, by redistributing wealth, they help insure people against productivity shocks. Until recently, however, economic research on this question either ignored people's uncertainty about their future productivities or imposed strong and unrealistic functional form restrictions on taxes. In response to these problems, the new dynamic public finance was developed to study the design of optimal taxes given only minimal restrictions on the set of possible tax instruments, and on the nature of shocks affecting people in the economy. In this book, Narayana Kocherlakota surveys and discusses this exciting new approach to public finance. An important book for advanced PhD courses in public finance and macroeconomics, The New Dynamic Public Finance provides a formal connection between the problem of dynamic optimal taxation and dynamic principal-agent contracting theory. This connection means that the properties of solutions to principal-agent problems can be used to determine the properties of optimal tax systems. The book shows that such optimal tax systems necessarily involve asset income taxes, which may depend in sophisticated ways on current and past labor incomes. It also addresses the implications of this new approach for qualitative properties of optimal monetary policy, optimal government debt policy, and optimal bequest taxes. In addition, the book describes computational methods for approximate calculation of optimal taxes, and discusses possible paths for future research.

Public Finance and Public Policy

Public Finance and Public Policy
  • Author : Arye L. Hillman
  • Publisher : Cambridge University Press
  • Pages : 859
  • Relase : 2009-04-06
  • ISBN : 9781139475372

Public Finance and Public Policy Book Review:

The second edition of Public Finance and Public Policy retains the first edition's themes of investigation of responsibilities and limitations of government. The present edition has been rewritten and restructured. Public choice and political economy concepts and political and bureaucratic principal-agent problems are introduced at the beginning for application to later topics. Fairness, envy, hyperbolic discounting, and other concepts of behavioral economics are integrated throughout. The consequences of asymmetric information and the tradeoff between efficiency and ex-post equality are recurring themes. Key themes investigated are markets and governments, institutions and governance, public goods, public finance for public goods, market corrections (externalities and paternalist public policies), voting, social justice, entitlements and equality of opportunity, choice of taxation, and the need for government. The purpose of the book is to provide an accessible introduction to the use of public finance and public policy to improve on market outcomes.

Public Finance and Parliamentary Constitutionalism

Public Finance and Parliamentary Constitutionalism
  • Author : Will Bateman
  • Publisher : Cambridge University Press
  • Pages : 224
  • Relase : 2020-09-24
  • ISBN : 9781108478113

Public Finance and Parliamentary Constitutionalism Book Review:

Explores financial aspects of constitutional government, focusing on central banking, sovereign borrowing, taxation and public expenditure.

Public Finance in Theory and Practice Second Edition

Public Finance in Theory and Practice Second Edition
  • Author : Holley H. Ulbrich
  • Publisher :
  • Pages :
  • Relase : 2011
  • ISBN : 0415585961

Public Finance in Theory and Practice Second Edition Book Review:

Public Finance in Theory and Practice is the most accessible introduction to public finance and public economics available and is any student's first stop for the key tenets of the field including public goods and externalities, taxation, provision for health and education and the analysis of government's role in the economy. With the accession to power in the United States of an administration promising to take a more active role in the economy, now is the time to take stock of how far this process should proceed. Ulbrich's book is the perfect guide to the changing world of public finance

Public Financial Management in the European Union

Public Financial Management in the European Union
  • Author : Marta Postuła
  • Publisher : Routledge
  • Pages : 264
  • Relase : 2022-04-19
  • ISBN : 9781000578300

Public Financial Management in the European Union Book Review:

This book reveals how to create efficient institutions and coordinate policy on a transnational scale to ensure European Union integration can best meet social needs. It offers a combined technocratic and humanist perspective on the discussion of public financial management. The state, as part of its public policy, should seek to preserve our social and environmental values yet there are mounting imbalances in society which point to the growing role of the state in minimising them. Under such circumstances, it is worth reflecting on how new challenges could require updated, more complex formulas, to deal with crises in current times and for social and economic policymaking by states and the European Union generally, which would ensure their compatibility with the world financial markets. The work offers an in-depth and unique performance analysis of European Union institutions compared to the national entities of EU member states. It contributes to the ongoing debate on global public goods and the processes involved in managing their provision. Further, it discusses public finance management instruments, indicating their historical evolution in practice and their effectiveness measured with the Human Development Index. The author presents a proposal of how to manage global, European and national public goods across three areas: environmental protection, transnational infrastructure projects and social policy. The book analyses public financial management instruments used during the recent pandemic, making a distinction between "regular" and "emergency" instruments and assessing their effectiveness in specific economic situations. This will be of interest to researchers and students of economics and finance, as well as decision makers and practitioners from governments, international organizations and specific non-governmental organizations concerned with issues of public finance management.

Behavioral Public Finance

Behavioral Public Finance
  • Author : Edward J. McCaffery,Joel Slemrod
  • Publisher : Russell Sage Foundation
  • Pages : 416
  • Relase : 2006-01-23
  • ISBN : 9781610443852

Behavioral Public Finance Book Review:

Behavioral economics questions the basic underpinnings of economic theory, showing that people often do not act consistently in their own self-interest when making economic decisions. While these findings have important theoretical implications, they also provide a new lens for examining public policies, such as taxation, public spending, and the provision of adequate pensions. How can people be encouraged to save adequately for retirement when evidence shows that they tend to spend their money as soon as they can? Would closer monitoring of income tax returns lead to more honest taxpayers or a more distrustful, uncooperative citizenry? Behavioral Public Finance, edited by Edward McCaffery and Joel Slemrod, applies the principles of behavioral economics to government's role in constructing economic and social policies of these kinds and suggests that programs crafted with rational participants in mind may require redesign. Behavioral Public Finance looks at several facets of economic life and asks how behavioral research can increase public welfare. Deborah A. Small, George Loewenstein, and Jeff Strnad note that public support for a tax often depends not only on who bears its burdens, but also on how the tax is framed. For example, people tend to prefer corporate taxes over sales taxes, even though the cost of both is eventually extracted from the consumer. James J. Choi, David Laibson, Brigitte C. Madrian, and Andrew Metrick assess the impact of several different features of 401(k) plans on employee savings behavior. They find that when employees are automatically enrolled in a retirement savings plan, they overwhelmingly accept the status quo and continue participating, while employees without automatic enrollment typically take over a year to join the saving plan. Behavioral Public Finance also looks at taxpayer compliance. While the classic economic model suggests that the low rate of IRS audits means far fewer people should voluntarily pay their taxes than actually do, John Cullis, Philip Jones, and Alan Lewis present new research showing that many people do not underreport their incomes even when the probability of getting caught is a mere one percent. Human beings are not always rational, utility-maximizing economic agents. Behavioral economics has shown how human behavior departs from the assumptions made by generations of economists. Now, Behavioral Public Finance brings the insights of behavioral economics to analysis of policies that affect us all.

Urban Public Finance

Urban Public Finance
  • Author : D. Wildasin
  • Publisher : Routledge
  • Pages : 192
  • Relase : 2013-09-05
  • ISBN : 9781136473036

Urban Public Finance Book Review:

Considers such issues as the effect of local government policies on migration, the optimal size of cities, tax and expenditure capitalization, the economics of intergovernmental transfers, tax exporting and tax competition.

Principles of Public Finance

Principles of Public Finance
  • Author : Toshihiro Ihori
  • Publisher : Springer
  • Pages : 403
  • Relase : 2016-11-03
  • ISBN : 9789811023897

Principles of Public Finance Book Review:

This textbook equips instructors and students with an overview of the existing literature so that the latter can attain an overall understanding of macroeconomic and microeconomic public finance. The literature on public finance has grown dramatically with theoretical studies and empirical analysis, and much of the focus has been on macroeconomic effects of public services. The standard textbook offerings, however, are mainly restricted to microeconomic topics of public finance. This text intends to fill this gap by presenting a theoretical-based, comprehensive explanation of public finance. Particular emphasis is directed at developing tools that can be applied theoretically and empirically to clarify essential economic concerns in the current public sector in advanced countries, including Japan. Such concerns include the macroeconomic effect of fiscal policy, the dependence on bonds for covering government deficits, and social security reform. The main text explains the standard concepts of public finance, and the appendix offers various advanced topics. The material will facilitate an understanding of how to investigate changes in the public sector, interpret results, and basically do research on fiscal policy. The textbook will be of value to a broad range of course offerings, including those generally focused on fiscal policy, on social security reform and on tax reform.

The Political Economy of Public Finance

The Political Economy of Public Finance
  • Author : Marc Buggeln,Martin Daunton,Alexander Nützenadel
  • Publisher : Cambridge University Press
  • Pages : 322
  • Relase : 2017-02-23
  • ISBN : 9781107140127

The Political Economy of Public Finance Book Review:

A study of major trends in public finance and fiscal justice in developed capitalist countries since the 1970s.

Land-Value Taxation

Land-Value Taxation
  • Author : K.C. Wenzer
  • Publisher : Routledge
  • Pages : 320
  • Relase : 2016-07-01
  • ISBN : 9781315501550

Land-Value Taxation Book Review:

A distinguished interdisciplinary group of scholars examines the merits and shortcomings of Land-Value taxation, and how it compares and contrasts with the conventional property tax. The latter is shown as deterring enterprise to the detriment of employment and as pushing up the cost of improving property with inflationary consequences. The former, with evidence from places where it is already in use, is shown to encourage optimum land use, foster employment, and prevent urban sprawl.

Public Finance and Public Choice

Public Finance and Public Choice
  • Author : James M. Buchanan,Richard A. Musgrave
  • Publisher : MIT Press
  • Pages : 282
  • Relase : 1999-10-12
  • ISBN : 9780262261616

Public Finance and Public Choice Book Review:

In this volume, based on a week-long symposium at the University of Munich's Center for Economic Studies, two leading scholars of governmental economics debate their divergent perspectives on the role of government and its fiscal functions. James M. Buchanan, who was influential in developing the research program in public choice, concentrates on the imperfections of the political process and stresses the need for rules to restrain governmental interference. Richard A. Musgrave, a founder of modern public finance, points to market failures and inequities that call for corrective public policies. They apply their differing economic and political philosophies to a variety of key issues. Each presentation is followed by a response and general discussion.

Fundamentals of Public Budgeting and Finance

Fundamentals of Public Budgeting and Finance
  • Author : Aman Khan
  • Publisher : Springer Nature
  • Pages : 438
  • Relase : 2019-11-12
  • ISBN : 9783030192266

Fundamentals of Public Budgeting and Finance Book Review:

Budgeting is probably the single most important function in government, considering the amount of money a government spends each year on various expenditure programs and activities, as well as the time it spends in preparing the budget, appropriating funds for these activities and, finally, executing them. This book integrates the complex theory and practice of public budgeting into a single text. Written in a simple, concise and easy to understand manner, The Fundamentals of Public Budgeting and Finance captures the multidimensional perspective of public budgeting that students, as well as practitioners will find useful.

Public Financial Management

Public Financial Management
  • Author : Howard A. Frank
  • Publisher : CRC Press
  • Pages : 840
  • Relase : 2006-01-13
  • ISBN : 9781420004168

Public Financial Management Book Review:

Public Financial Management covers the five major pillars of this sub-discipline of public administration: context, public finance, retirement systems, performance measurement and budgeting, and international perspectives. This text offers practitioners information valuable in their day-to-day operations, while also providing students in public administration and public management programs with a solid foundation for their own development as future professionals and researchers. Overall this volume promotes linkages between resource allocation and "value-adds" for citizens and stakeholders, driving innovations in operations and increased transparency in reporting.

Principles of Public Finance

Principles of Public Finance
  • Author : Hugh Dalton
  • Publisher : Allied Publishers
  • Pages : 272
  • Relase : 1922-07-26
  • ISBN : 9788170231332

Principles of Public Finance Book Review:

In this edition of famous textbook, much new material has been added to a general survey, in the light of recent fiscal developments, of the general theory of taxation, other forms of public revenue, public expenditure and public debts. There is chapter on modern theories of budgetary policy, as developed by Keynes and others, and a final chapter dealing with the author’s tenure of the British Treasury from 1945-47 which discusses the problems he encountered at that time, the policy pursued in his four successive budgets and, in particular, his controversial cheap money policy.

Handbook of Public Finance

Handbook of Public Finance
  • Author : Jürgen Backhaus,Richard E. Wagner
  • Publisher : Springer Science & Business Media
  • Pages : 554
  • Relase : 2006-01-16
  • ISBN : 9781402078644

Handbook of Public Finance Book Review:

The Handbook of Public Finance provides a definitive source, reference, and text for the field of public finance. In 18 chapters it surveys the state of the art - the tradition and breadth of the field but also its current status and recent developments. The Handbook's intellectual foundation and orientation is truly multidisciplinary. Throughout its examination of the standard material of public finance, it explores the connections between that material and such neighboring fields as political science, sociology, law, and public administration. The editors and contributors to the Handbook are distinguished scholars who write clearly and accessibly about the political economy of government budgets and their policy implications. To address the needs and interests of international scholars, they place European issues next to the American agenda and give attention to the issues of transformation in Central Eastern Europe and elsewhere. General Editors: Jürgen G. Backhaus, University of Erfurt Richard E. Wagner, George Mason University Contributors: Andy H. Barnett, Charles B. Blankart, Thomas E. Borcherding, Rainald Borck, Geoffrey Brennan, Giuseppe Eusepi, J. Stephen Ferris, Fred E. Folvary, Andrea Garzoni, Heinz Grossekettaler, Walter Hettich, Scott Hinds, Randall G. Holcombe, Jean-Michel Josselin, Carla Marchese, Alain Marciano, William S. Peirce, Nicholas Sanchez, David Schap, A. Allan Schmid, Russell S. Sobel, Stanley L. Winer, Bruce Yandle.

The Economics of Public Finance

The Economics of Public Finance
  • Author : Alan S. Blinder
  • Publisher : Atlantic Publishers & Distri
  • Pages : 435
  • Relase : 1974
  • ISBN :

The Economics of Public Finance Book Review: