Over the last forty years, the field of public economics has emerged as a modern successor to public finance. It has gained importance on the research agenda of economists and in the curricula of economics depa- ments. It has become a diversified field, rich in theoretical developments and substantive applications. Beyond the traditional concerns with t- ation or public goods, a number of new concerns have entered the scene, concerning for instance public sector pricing, the management of public firms, social security or federalism. A comprehensive presentation of the field extends nowadays...
Over the last forty years, the field of public economics has emerged as a modern successor to public finance. It has gained importance on the research...