Author Description

The Focus Of This Volume Is On The European Context Of Public Budget Policy And A Variety Of Different Approaches Are Used - Theoretical Modelling, Econometrics And Applied General Equilibrium Modelling. Empirical Evidence And Case Studies Of European Countries Are Contained In All The Papers. The Papers Cover The Four General Themes Of Public Budget Policy: * Economic Stabilization, In View Of The Economic And Monetary Union In The European Community * Reinforcing Structural Change, Involved In Market Liberalization And Harmonization Of Economic Structures * Its Distributional Book Cover; Half-title; Title; Copyright; Dedication; Contents; Figures; Tables; Contributors; Introduction; 1 Public Expenditures, Taxes, Debt And Endogenous Growth; 2 Endogenous Growth And Budgetary Policy In The Open Economy; 3 Proposals For Community Stabilization Mechanisms; 4 Some Stochastic Implications Of The Government's Budget Constraint; 5 Credit Constraints And The Efficiency Of Budgetary Policy; 6 Structural Adjustment And Public Deficit; 7 Public Deficits And Income Distribution; 8 Public Spending In Federal States; 9 Causality Between Public Expenditure And Taxation; 10 On The Efficacy, Efficiency And Equity Of State Support In Britain; Index Editors, Pantelis Capros, Daniele Meulders. The Applied Econometrics Association (aea) Conference On Public Budget Modelling, Held In Athens In April 1993--p. 2. Includes Bibliographical References And Index.