TY - BOOK AU - Gruber,Jonathan TI - Public finance and public policy SN - 9781429219495 (hbk.) U1 - 336 23 PY - 2011/// CY - New York PB - Worth Publishers KW - Finance, Public KW - Fiscal policy KW - Public welfare KW - Finance KW - Taxation N1 - Table of contents Chapter 1 Why study public finance?1 1.1 The Four Questions of public finance 3-9 1.2 Why study public finance? facts on government in the United States and Around the world 10-19 1.3 Why study public finance Now? Policy debates over social, security, healthcare, and education 20-21 1.4 conclusion 22-24 CCHAPTER 2 THEORETICAL TOOLS OF PUBLIC FINANCE 25 2.1 Constrained utility maximization 26-35 2.2 Putting the tools to work: TANF and labour supply Among single mothers 37-39 2.3Equilibrium and social welfare 43-54 2.4 Welfare implications of benefit reductions: The TANF example continued 55-60 CHAPTER 3 EMPIRICAL TOOLS OF PUBLIC FINANCE 63 3.1 The important distinction between correlation trails 64-65 3.2 Measuring causation with data we'd like to have: Randomized trails 66-70 3.3 Estimating causation with data we actually get: Observational Data 71-83 3.4 conclusions 85-88 CHAPTER 4 BUDGET ANALYSIS AND DEFICIT FINANCING 91 4.1 Government budgeting 93-97 4.2 Measuring the budgetary position of the government: Alternative Approaches 98-102 4.3 Do current debts and deficits mean anything? Along run perspective 103-112 4.4 Why do we care about the government's fiscal position? 113-117 4.5 conclusions 118-120 CHAPTER 5 EXTERNALITIES: PROBLEMS AND SOLUTIONS 121 5.1 Externality Theory 123- 128 5.2 Private-sector solutions to Negative externalities 130-132 5.3 Public-Sector Remedies for Externalities 134 -137 5.4 Distinctions between price and Quality Approaches to Addressing Externalities 137-143 5.5 conclusion 146-148 CHAPTER 6 EXTERNALITIES IN ACTION: ENVIRONMENTAL AND HEALTH EXTERNALITIES 149 6.1 acid rain 150-152 6.2 Global warming 155-162 6.3 The Economics of smoking 165-170 6.4 The Economics of other addictive behavior 173-177 6.5 conclusion 177-179 CHAPTER 7 PUBLIC GOODS 181 7.1 Optimal provision of public goods 182-185 7.2 Private provision of public goods 187-192 7.3 Public provision of public goods 194-198 7.4 conclusion 199-202 CHAPTER 8 COST-BENEFIT ANALYSIS 205 8.1 measuring the cost of public projects 206-209 8.3 Putting it all together 221-221 8.4 conclusions 223-225 CHAPTER 9 POLITICAL ECONOMY 227 9.1 Unanimous consent on public goods levels 229-231 9.2 Mechanisms for aggregating individual preferences 232-240 9.3 Representative democracy 241-248 9.4 Public choice theory: The foundations of government failure 249-258 9.5 conclusion 258-260 CHAPTER 10 STATE AND LOCAL GOVERNMENT EXPENDITURES 261 10.1 Fiscal federalism in the united states and abroad 263-265 10.2 Optimal fiscal federalism 267-274 10.3 Redistribution across communities 275-285 10.4 conclusion 285-287 CHAPTER 11 EDUCATION 289 11.1 Why should the government be involved in education?292-294 11.2 How is the government involved in education? 294-300 11.3 Evidence on competition in education markets 304-307 11.4 Measuring the returns to education 307-310 11.5 The role of government in higher education 311-314 11.6 Conclusion 315-317 CHAPTER 12 SOCIAL INSURANCE: THE NEW FUNCTION OF GOVENMENT 319 12.1 What is insurance and why do individuals value it? 321-323 12.2 Why have social? Asymmetric Information and adverse selections 326-332 12.3 Other reasons for government intervention in insurance markets 333-334 12.4 social insurance vs. self-insurance: How much consumption smoothing? 337-341 12.5 The problem with insurance: Moral Hazard 342-345 12.6 putting it all together: Optimal social insurance 346-350 CHAPTER 13 SOCIAL SECURITY 353 13.1 What is social security and how does it work? 354-362 13.2 Consumption-smoothing benefits of social security 364-366 13.3 Social security and retirement 367-374 13.4 social security reform 374-384 13.5 conclusion 385387 CHAPTER 14 UNEMPLOYMENT INSURANCE, DISABILITY, INSURANCE, AND WORKERS' COMPENSATION 389 14.1 Institutional features of unemployment insurance, disability insurance, workers' compensation 391-396 14.2 Consumption-smoothing benefits of social insurance programs 397- 14.3 moral 398-405 14.4 the cost and benefits of social insurance to firms 406-409 14.5 Implications fro program reform 410-412 14.6 Conclusion 413-416 CHAPTER 15 HEALTH INSURANCE I: HEALTH ECONOMICS AND PRIVATE HEALTH INSURANCE 419 15.1 An overview of health care in the united states 421-430 15.2 How generous should insurance be to patients? 432-442 15.3 How generous should insurance be to medical providers? 445-448 15.4 conclusion 448-450 CHAPTER 16 HEALTH INSURANCE II: MEDICARE, MEDAID, AND HEALTH CARE REFORM 453 16.1 The medicaid program for low income mothers and children455-457 16.2 What are the effects of the medicaid program? 457-461 16.3 The medicare program 462-463 16.4 what are the effects of the medicare program? 466-474 16.5 Long-term care 475 16.6 Lessons for health care reform in the united states 476-484 16.7 Conclusions 484-486 CHAPTER 17 INCOME DISTRIBUTION AND WELFARE PROGRAMS 489 17.1 Facts on income distribution in the united states 491-496 17.2 welfare policy in the united states 496-498 17.3 The moral hazard cost of welfare policy 499-505 17.4 Reducing the moral hazard of welfare 505-513 17.5 Welfare reform 517-518 17.6 conclusion 519-521 CHAPTER 18 TAXATION IN UNITED STATES AND AROUND THE WORLD 523 18.1Types of taxation 524-525 18.2 structure of the individual income tax in the united states 527-531 18.3 measuring the fairness of tax systems 536-531 18.4 Defining the income tax base 536-538 18.5 Externality/public goods rationales for deviating from Haig-simons 539-549 18.6 The appropriate unit of taxation 550-552 18.7 Conclusion 554-556 CHAPTER 19 THE EQUITY IMPLICATIONS OF TAXATION:TAX INCIDENCE 557 19.1 The three rules of tax incidence 559-567 19.2 tax incidence extensions 568-574 19.3 General equilibrium tax incidence 575-577 19.4 the incidence of taxation in the united states 580--584 19.5 conclusion 584-587 CHAPTER 20 TAX INFLUENCIES AND THEIR IMPLICATIONS FOR OPTIMAL TAXATION 589 20.1 Taxation and economic efficiency 560-601 20.2 optimal commodity taxation 601-603 20.3 optimal income taxes 607-610 20.4 tax-benefit linkages and the financing of social insurance programs 611-615 20.5 conclusions 616-619 CHAPTER 21 TAXES ON LABOR SUPPLY 623 21.1 Taxation and labor supply-theory 628-630 21.2 Tax policy to promote labor supply: The earned income tax credit 631-637 21.4 The tax treatment of child care and its impact on labor supply 639-643 21.5 conclusion 643-645 CHAPTER 22 TAXES ON SAVINGS 647 22.1 Taxation and savings- Theory and evidence 648-653 22.2 Alternative models of saving 655-657 22.3 Tax incentives for retirement savings 658-671 22.4 conclusions 672-674 CHAPTER 23 TAXES ON RISK TAKING AND WEALTH 675 23.1 Taxation and risk taking 677-680 23.2 Capital gains taxation 681-688 23.3 Transfer taxation 688-691 23.4 Property 694-696 23.5 Conclusion 698-700 CHAPTER 24 CORPORATE TAXATION 701 24.1 What are corporations and why do we tax them 703-708 24.2 The structure of the corporate tax 709-712 24.3 The incidence of the corporate tax 713 24.4 the consequences of the corporate tax for investment 714-721 24.5 The consequences of the corporate tax for financing 722-729 24.6 Treatment of international corporate income 730-731 24.7 Conclusion 734736 CHAPTER 25 FUNDAMENTAL TAX REFORM 737 25.1 Why fundamental tax reform? 738-748 25.2 The politics and economics of tax reform 748-753 25.3 Consumption taxation 754-762 25.4 The flat tax 763-765 25.5 Conclusion 767-768 Glossary-G-1 References R-1 Name Index NI-1 Subject Index SI-1 Includes bibliographical references and indexes; Includes bibliographical references and indexes UR - http://www.loc.gov/catdir/enhancements/fy1110/2009940261-d.html ER -