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Public Finance in Theory and Practice, McGraw-Hill. Richard A. Musgrave and Alan T. Peacock, ed. ([1958] 1994). Classics in the Theory of Public Finance, Palgrave Macmillan. Description and contents. Edwin J. Perkins, American public finance and financial services, 1700-1815 (1994) pp 324–48. Complete text line free; Joseph E. Stiglitz (2000).
In modern public-finance literature, a whole economy of the tax system has developed (tax system economics), which can be defined as "the overall management of public revenue of a state or integration grouping's public revenues and expenditures in order to shape smart economic policies that stimulates economic growth and development and ...
The benefit principle is a concept in the theory of taxation from public finance. It bases taxes to pay for public-goods expenditures on a politically-revealed willingness to pay for benefits received. The principle is sometimes likened to the function of prices in allocating private goods. [1]
Public economics (or economics of the public sector) is the study of government policy through the lens of economic efficiency and equity. Public economics builds on the theory of welfare economics and is ultimately used as a tool to improve social welfare .
Jacobs (2018) identifies four problems with respect to the marginal cost of public funds: (1) The lack of consensus in the literature on a common definition of the MCF, notably the dichotomy between the Pigou-Harberger-Browning (PHB) approach using compensated wage elasticities of labor supply and the Atkinson-Stern-Ballard-Fullerton (ASBF ...
Public budgeting is a field of public administration and a discipline in the academic study of public administration. Budgeting is characterized by its approaches, functions, formation, and type. Budgeting is characterized by its approaches, functions, formation, and type.
Pages in category "Public finance" The following 58 pages are in this category, out of 58 total. This list may not reflect recent changes. ...
Richard Abel Musgrave (December 14, 1910 – January 15, 2007) was an American economist of German heritage. [1] His most cited work is The Theory of Public Finance (1959), described as "the first English-language treatise in the field," [2] and "a major contribution to public finance thought."