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

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  • Public Investment, the Rate of Return, and Optimal Fiscal Policy Book Detail

  • Author : Kenneth J. Arrow
  • Release Date : 2013-10-18
  • Publisher : Routledge
  • Genre : Business & Economics
  • Pages : 254
  • ISBN 13 : 1135988897
  • File Size : 60,60 MB

Public Investment, the Rate of Return, and Optimal Fiscal Policy by Kenneth J. Arrow PDF Summary

Book Description: 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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