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

Series: RFF Environmental and Resource Economics Set

By: Mordecai-Marck Kruz (Author), Kenneth J Arrow (Author)

218 pages, b/w illustrations

Resources for the Future

Hardback | Oct 2010 | #201788 | ISBN-13: 9781617260308
Availability: Usually dispatched within 6 days Details
NHBS Price: £69.99 $86/€79 approx

About this book

Public Investment, the Rate of Return, and Optimal Fiscal Policy, 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. It was originally published in 1970.

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