Public Finance and Public Choice: Analytical Perspectives

John Cullis · Philip R. Jones

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Economic and Fiscal Studies Local Government Finance and Decentralization Fiscal Policy and Economic Growth

Abstract

Market Possibilities and Prescriptions. Evaluating Finance Policy: Consumers Surplus, Welfare Criteria and Market Failure. Goods. Collective Decision Making: Searching for the Public Good. Production: Is It So Bad? Evaluation of Expenditure: Cost Benefit Analysis. Tax Theory: The Basic Concepts. Tax Evasion and the Black Economy. Income (Re) Distribution. Fiscal Aspects of macroeconomic Theories. Local Government. Central Government. International Issues in Finance. Finance and Expenditure Growth. Private Reaction to Action: Sector Interdependence. 'Normative' Optimal Tax Design. Positive Optimal Taxation. The Traditional versus the Choice Approach: Finance Analysis and the Policy Makers.

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