Kenneth J. Arrow & Mordecai Kruz 
Public Investment, the Rate of Return, and Optimal Fiscal Policy [PDF ebook] 

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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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Language English ● Format PDF ● Pages 218 ● ISBN 9781135988821 ● Publisher Taylor and Francis ● Published 2013 ● Downloadable 6 times ● Currency EUR ● ID 2815916 ● Copy protection Adobe DRM
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