Public finance and public policy in the new century / Sijbren Cnossen and Hans-Werner Sinn, editors.

Format:

Book

Contributor:

Cnossen, Sijbren.

Sinn, Hans-Werner.

Series:

CESifo seminar series

The CESifo seminar series

Language:

English

Subjects (All):

Finance, Public.

Fiscal policy.

Public welfare--Finance.

Public welfare.

Physical Description:

xxx, 535 pages : illustrations ; 24 cm.

Place of Publication:

Cambridge, Mass. : MIT Press, [2003]

Summary:

The sixteen essays in this book were written to celebrate the ninetieth birthday of Richard Musgrave and to commemorate the tenth anniversary of CES, the Center for Economic Studies at the University of Munich. Musgrave is considered to be a founding father of modern public economics. He belongs to the intellectual tradition that views government as ar: instrument that can be used to correct market failure and to establish the society that people want. Although his work fits within the individualistic framework of modern economics, he also draws on principles of moral philosophy. The essays take stock of and extend the theory and practice of public finance and public policy. They address the evolving role of government and the welfare state, the interaction between taxation and markets, the future of pension and health care systems, and international tax issues and fiscal federalism.

Contents:

Tribute to Richard Abel Musgrave / Henry J. Aaron xxiii

Ten Years of CES / David F. Bradford xxix

I Modernizing Public Policy 1

1 Changing Tides for the Welfare State: An Essay / Assar Lindbeck 3

2 Trust in Public Finance / Joel Slemrod 49

3 Reforming Budgetary Language / David F. Bradford 93

II Taxation and Tax Reform 125

4 Perfect Taxation with Imperfect Competition / Alan J. Auerbach, James R. Hines Jr. 127

5 Bridging the Tax-Expenditure Gap: Green Taxes and the Marginal Cost of Funds / Agnar Sandmo 159

6 Taxes and Privatization / Roger H. Gordon 185

7 The Property Tax: Competing Views and a Hybrid Theory / John Douglas Wilson 217

8 The Dutch Presumptive Capital Income Tax: Find or Failure? / Sijbren Cnossen, Lans Bovenberg 241

III The Welfare State in an Integrating World 267

9 The Crisis of Germany's Pension Insurance System and How It Can Be Resolved / Hans-Werner Sinn 269

10 Social Insurance Based on Individual Savings Accounts / Peter Birch Sorensen 303

11 Social Insurance and Redistribution / Robin Boadway, Manuel Leite-Monteiro, Maurice Marchand, Pierre Pestieau 333

12 Insurance and the Utilization of Medical Services among the Self-Employed / Craig William Perry, Harvey S. Rosen 365

IV Fiscal Federalism 403

13 Sharing the International Tax Base in a Changing World / Richard M. Bird, Jack M. Mintz 405

14 On Cooperation in Musgravian Models of Externalities within a Federation / Henry Tulkens 451

15 Fiscal Federalism and Risk Sharing in Germany: The Role of Size Differences / Kai A. Konrad, Helmut Seitz 469

16 Delayed Integration of Mobile Labor: A Principle for Coordinating Taxation, Social Security, and Social Assistance / Wolfram F. Richter 495.

Notes:

Includes bibliographical references and index.

ISBN:

0262033046

OCLC:

51046991