Public Finance and a Review of Basic Concepts

Toshihiro Ihori
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Toshihiro Ihori: National Gradual Institute for Policy Studies

Chapter 1 in Principles of Public Finance, 2017, pp 1-25 from Springer

Abstract: Abstract Public finance normally considers four main functions of the public sector. The first two deal with microeconomic aspects of public finance, while the other two deal with macroeconomic aspects of public finance. It is useful to consult basic textbooks on public finance such as Rosen (2014) and Stiglitz (2015) although these textbooks mainly deal with microeconomic issues of public finance.

Keywords: Resource allocation; Public goods; Redistribution; Stabilization; Dynamic optimization; Public sector; Budget formula; Fiscal management (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-981-10-2389-7_1

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DOI: 10.1007/978-981-10-2389-7_1

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