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

Hardback Published on: 19/01/2011
Price: £190
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Synopsis

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

Publisher information

  • Publisher: Taylor & Francis
  • ISBN: 9781617260308
  • Number of pages: 218
  • Dimensions: 237 x 162 x 26 mm
  • Weight: 530g
  • Languages: English