Public Finance

Book Description

Public Finance--while continuing to follow an innovative approach that is both theoretical and empirical--is now completely updated to reflect major changes in its key topics. New or revised information includes explanations of the Social Security trust fund, a new section on the alternative minimum tax (AMT), possible links between the corporation tax and high-profile scandals such as Enron, and more.

About the Author

FROM THE PUBLISHER

"Harvey S. Rosen introduces readers to the latest research in Public Finance. With highlights from the Bush administration, updates to tax laws, and discussions of up-to-date examples, Rosen's approach encompasses important revisions to the Seventh Edition, with current changes to government policy." Additional revisions to the Seventh Edition include new discussions regarding estate, pollution, corporate, and personal income taxes, savings issues, and corporate scandals.

SYNOPSIS

In this updated text on public finance for undergraduates and for public administration graduate programs, Rosen (economics and business policy, Princeton U.) aims to keep the subject rooted in reality by describing institutional and legal settings in detail and by emphasizing links between economic analysis and current political issues. He interweaves institutional, theoretical, and econometric material in his coverage of public expenditure analysis, tax analysis, the United States revenue system, and multigovernment public finance. For those who need a refresher, material on basic microeconomic theory is appended, including explanation of indifference curve analysis, the supply and demand model, marginal analysis, and consumer and producer surplus. Annotation ©2004 Book News, Inc., Portland, OR

FROM THE CRITICS

Booknews