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This book presents a theoretically-based comprehensive analysis of macroeconomic consequences of fiscal policy using a popular economic model: the overlapping generations growth model. A wide range of essential public finance issues is analyzed, including the effects of tax reform on dynamic efficiency, positive and normative effects of public spending, considerations of taxes on fixed assets and monetary holdings, and sustainability of deficits. A unique approach is applied in the study of public finance: one expected to generate substantial interest among current graduate students and active researchers.
Published by: Palgrave Macmillan
Publication Date: 1996-11-20
Format: Hardcover
ISBN-13: 9780333661925
DOI: 10.1057/9780230389908
Dimensions: 216cm x140cm
Pages: 297