Public Investment, the Rate of Return, and Optimal Fiscal Policy : RFF Environmental and Resource Economics Set - Kenneth J.  Arrow

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

By: Kenneth J. Arrow, Mordecai Kruz

Hardcover | 19 January 2011 | Edition Number 1

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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. First Published in 2011. Routledge is an imprint of Taylor & Francis, an informa company.

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