Public Investment, the Rate of Return, and Optimal Fiscal Policy

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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

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pdf
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180.00 £

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

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  • Formats: pdf
  • ISBN: 9781135988821
  • Publication Date: 18 Oct 2013
  • Publisher: Taylor & Francis
  • Product language: English
  • Drm Setting: DRM