Title: Public Investment, the Rate of Return, and Optimal Fiscal Policy (RFF Environmental and Resource Economics Set)
Publisher: RFF Press
Publication Date: 2011
Language: English
ISBN 10: 1617260304
ISBN 13: 9781617260308
Binding: Hardcover
Condition: New

About this title

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

About the Author

Arrow, Kenneth J.; Kruz, Mordecai

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