Public Investment, the Rate of Return, and Optimal Fiscal Policy Kenneth J. Arrow Author
by Kenneth J. Arrow
2021-04-11 14:34:55
Public Investment, the Rate of Return, and Optimal Fiscal Policy Kenneth J. Arrow Author
by Kenneth J. Arrow
2021-04-11 14:34:55
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 ...
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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
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