This book introduces the substantial literature on consumption tax policy and the taxation of capital income, the early literature on optimal tax theory in dynamic overlapping generations models, the more recent literature on optimal taxation in the Ramsey growth model and models of endogenous growth, and the literature on taxation in open economies.

Increasingly ageing populations and a slowing rate of growth in the macroeconomy are forcing advanced countries to reconsider their social security programmes. The need for detailed examination of the possible reforms and initiatives has never been greater. This book brings together internationally-renowned scholars to evaluate the effect of recent social security reforms in advanced countries (pension programmes in particular) and to suggest policy reforms for the future. Considering both theoretical and empirical aspects, the contributors evaluate three different policy reforms in order to...

Government Deficit And Fiscal Reform In Japan presents a theoretical-based comprehensive analysis of economic consequences of government deficits and fiscal reform in Japan. Particular emphasis is directed at developing tools that can be applied to theoretically and empirically clarify essential economic concerns in Japan such as generational incidence of fiscal reform and a growing dependence on government bonds for covering financial deficits. This book evaluates the recent movement of Japanese fiscal reform and government deficit.

The authors first summarize...

This book is a broad survey of the literature on public goods. There has been an explosion of research in the last ten years in a broad variety of - eas in this literature and the time seems right for a survey of this work. This includes the recent work on dynamic theories of public goods, s- ond-best financing methods, surveys and contingent valuation in determ- ing the willingness-to-pay (WTP) for public goods, voting models, p- vately produced public goods, charity and national radio, experiments on public goods, public inputs, public capital and infrastructure, the Tiebout sorting...

Government Deficit And Fiscal Reform In Japan presents a theoretical-based comprehensive analysis of economic consequences of government deficits and fiscal reform in Japan. Particular emphasis is directed at developing tools that can be applied to theoretically and empirically clarify essential economic concerns in Japan such as generational incidence of fiscal reform and a growing dependence on government bonds for covering financial deficits. This book evaluates the recent movement of Japanese fiscal reform and government deficit.

The authors first summarize...

This book is a broad survey of the literature on public goods. There has been an explosion of research in the last ten years in a broad variety of - eas in this literature and the time seems right for a survey of this work. This includes the recent work on dynamic theories of public goods, s- ond-best financing methods, surveys and contingent valuation in determ- ing the willingness-to-pay (WTP) for public goods, voting models, p- vately produced public goods, charity and national radio, experiments on public goods, public inputs, public capital and infrastructure, the Tiebout sorting...

This textbook equips instructors and students with an overview of the existing literature so that the latter can attain an overall understanding of macroeconomic and microeconomic public finance.

This book investigates the reasons for persistent public deficits and delayed fiscal reform in Japan, placing a special emphasis on political economy aspects.