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This major Handbook addresses fiscal relations between different levels of government under the general rubric of "fiscal federalism", providing a review of the latest literature as well as an invaluable guide for practitioners and policy makers seeking informed policy options. The contributors...
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capital and interest theory. In the three classic essays featured in this book, Professor Kirzner argues that an Austrian … approach based on the pure time preference theory offers an attractive alternative to both the orthodox neoclassical and the …. This consistent subjectivism makes it possible to present the pure time (Fetter-Mises) preference theory of interest in …
Persistent link: https://www.econbiz.de/10014473975
The horizontalist perspective is an extension of the post-Keynesian approach, that has hitherto focused on a theory of … general theory of the creation of money that is consistent with the post-Keynesian view on macroeconomic policy. Credit …
Persistent link: https://www.econbiz.de/10014473823
"Presenting innovative modelling approaches to the analysis of fiscal policy and government debt, this book moves beyond previous models that have relied upon the assumption that various age-specific rates and policy variables remain unchanged when it comes to generating government expenditures...
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Struggles over what a region receives, or should receive, from the budget of the central government are common to many countries. Discussions often focus on the measures of 'net fiscal flows' or 'fiscal balances' provided by the government or other actors. This unique book shows just how these...
Persistent link: https://www.econbiz.de/10011850574
Indonesia is currently facing some severe challenges, both in political affairs and in economic management. One of these challenges is the recently enacted decentralization program, now well underway, which promises to have some wide-ranging consequences. This edited volume presents original...
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