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Public finance and public choice [PDF]
National Tax Journal, 1998 Public finance has undergone major transformation since World War II. This paper surveys this transformation, particularly from a public-choice perspective.
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2023
Abstract Asian public funding sources from Asia are increasingly under pressure to reduce allocations toward increasing higher education costs while at the same time raising outcome expectations. This financial outlook is projected to continue well into the future, and in many instances, it is deemed unsustainable in the long run. Within
Xi Wang, W. James Jacob
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Abstract Asian public funding sources from Asia are increasingly under pressure to reduce allocations toward increasing higher education costs while at the same time raising outcome expectations. This financial outlook is projected to continue well into the future, and in many instances, it is deemed unsustainable in the long run. Within
Xi Wang, W. James Jacob
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BMJ, 2010
Private finance initiative (PFI) hospitals are simply huge public sub prime mortgages. PFI perpetuates debt at exorbitant rates (interest is fixed at pre-credit crunch rates, I think), and in some cases the government is paying money to banks that it owns. Payments are for 30 years or longer. …
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Private finance initiative (PFI) hospitals are simply huge public sub prime mortgages. PFI perpetuates debt at exorbitant rates (interest is fixed at pre-credit crunch rates, I think), and in some cases the government is paying money to banks that it owns. Payments are for 30 years or longer. …
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Journal of Political Economy, 1987
Public goods can be financed by direct taxation or a subsidy to private spending. This paper examines the relative efficiency and distributional consequences of the two methods. Efficiency is shown to depend on the price elasticity of private spending and the trade- off between public and private spending.
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Public goods can be financed by direct taxation or a subsidy to private spending. This paper examines the relative efficiency and distributional consequences of the two methods. Efficiency is shown to depend on the price elasticity of private spending and the trade- off between public and private spending.
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Normative public finance without guilt: why normative public finance is positive public finance
2002There is a long-standing difference amongst public economists between those who think that collective choice must be formally acknowledged, and those who derive their policy recommendations from a social planning framework in which politics plays no role.
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