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Public Investment the Rate of Return and Optimal Fiscal Policy Book PDF Summary

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

Detail Book of Public Investment the Rate of Return and Optimal Fiscal Policy PDF

Public Investment  the Rate of Return  and Optimal Fiscal Policy
  • Author : Kenneth J. Arrow
  • Release : 18 October 2013
  • Publisher : Routledge
  • ISBN : 9781135988890
  • Genre : Business & Economics
  • Total Page : 254 pages
  • Language : English
  • PDF File Size : 12,8 Mb

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