Public Investment, the Rate of Return, and Optimal Fiscal Policy
Business & Finance, Accounting, Financial, Economics
| Author: | Kenneth J. Arrow, Mordecai Kruz | ISBN: | 9781135988890 |
| Publisher: | Taylor and Francis | Publication: | October 18, 2013 |
| Imprint: | RFF Press | Language: | English |
| Author: | Kenneth J. Arrow, Mordecai Kruz |
| ISBN: | 9781135988890 |
| Publisher: | Taylor and Francis |
| Publication: | October 18, 2013 |
| Imprint: | RFF Press |
| Language: | English |
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
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
