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The Economics of Budget Deficits (Hardcover)
Loot Price: R15,119
Discovery Miles 151 190
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The Economics of Budget Deficits (Hardcover)
Series: The International Library of Critical Writings in Economics series
Expected to ship within 12 - 17 working days
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The Economics of Budget Deficits provides a comprehensive overview
of the scholarly literature exploring the causes and consequences
of deficit spending and the public debt. Incorporating classical,
Keynesian and public choice analyses of debt-financed public
expenditures, the two volumes contain major theoretical and
empirical contributions to the debate. They cover such critical
fiscal policy issues as the history and measurement of budget
deficits, the question of who bears the burden of the public debt,
the use of deficits to solve problems of dynamic policy
inconsistency and the relative effectiveness of fiscal rules and
constitutional constraints as mechanisms for achieving budget
balance. The editors provide an authoritative introduction to the
two volumes and separate overviews of each of the seven parts. The
Economics of Budget Deficits is an indispensable reference for all
scholars and students interested in fiscal policy and for all
policymakers.
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