Public Finance

Introducing. . . Public Finance, 10th Global Edition,
by Harvey S. Rosen and Ted Gayer
Rosen and Gayer's Public Finance provides the economic tools necessary to analyze government expenditure and tax policies and, along the way, takes students to the frontiers of current research and policy. While the information presented is cutting edge and reflects the work of economists currently active in the field, the approach makes the text accessible to undergraduates whose only prior exposure to economics is at the introductory level.
The authors' years of policy experience have convinced them that modern public finance provides a practical and invaluable framework for thinking about policy issues. The goal is simple: to emphasize the links between sound economics and the analysis of real-world policy problems.
Enhancements and key features for this new Global Edition include:

• New Policy Perspectives introduce relevant and engaging examples of international policy so students can extend their understanding of theory to policymaking across the globe.
• New Empirical Evidence applications provide students with real-world examples that are relevant to them, from case studies about Sweden and China to global examples that compare experiences between countries.
• Updated end-of-chapter questions broaden critical thinking, encouraging students to apply their knowledge to international and comparative examples.
• The results of econometric models are used to help students understand how expenditure and tax policies affect individual behavior and how governments set policies.
• Integrated theory and analysis: Institutional, theoretical, and empirical material is interwoven to provide students with a clear and coherent view of how government spending and taxation relate to economic theory.
• Current research is presented alongside discussion of methodological and substantive controversies. The approach is modern, theoretical, and empirical, and shared by most active economists.
• Institutional and legal settings are described in detail, and the links between economic analysis and current political issues are emphasized.

This Global Edition has been adapted to meet the needs of courses outside of the United States and does not align with the instructor and student resources available with the US edition.

Part I Getting Started
1 Introduction
2 Tools of Positive Analysis
3 Tools of Normative Analysis Part II Public Expenditure: Public Goods and Externalities
4 Public Goods
5 Externalities
6 Political Economy
7 Education
8 Cost-Benefit Analysis Part III Public Expenditures: Social Insurance and Income Maintenance
9 The Health Care Market
10 Government and the Market for Health Care
11 Social Security
12 Income Redistribution: Conceptual Issues
13 Expenditure Programs for the Poor Part IV Framework for Tax Analysis
14 Taxation and Income Distribution
15 Taxation and Efficiency
16 Efficient and Equitable Taxation Part V The United States Revenue System
17 The Personal Income Tax
18 Personal Taxation and Behavior
19 The Corporation Tax
20 Deficit Finance
21 Fundamental Tax Reform: Taxes on Consumption and Wealth Part VI Multigovernment Public Finance
22 Public Finance in a Federal System
Appendix
Glossary
References
Author Index
Subject Index