Expenditure rules as an instrument of public finance discipline

Entrepreneurship and the Discipline of External Finance 2 Entrepreneurship and the Discipline of External Finance

Working papers are in draft form. This working paper is distributed for purposes of comment and discussion only. It may not be reproduced without permission of the copyright holder. Copies of working papers are available from the author. I confirm the finding that the propensity to start a new firm rises sharply among those in the top five per-centiles of personal wealth. This pattern is more p...

Using Price Information as an Instrument of Market Discipline in Regulating Bank Risk

An important trend in bank regulation is greater reliance on market discipline. In particular, information impounded in securities prices is increasingly used to complement supervisory activities of regulators with limited resources. The goal of this paper is to analyze the theoretical foundations of market-based bank regulation. We find that price information only improves the efficiency of th...

Public Finance

Public Finance Harvey Rosen Chapter One: Introduction 1. This book is about the taxing and spending activity of government, a subject usually called public finance. This term is something of a misnomer, because the fundamental issues are not financial (that is, relating to money). Rather, the key problems relate to the use real resources. P4 2. Our focus is on the microeconomic functions of gov...

نقد و تحلیل کتاب « Public Finance and Public Policy»

بحث درباره جایگاه مطلوب بخش عمومی (دولت) در اقتصاد از دیرباز مورد توجه مکاتب گوناگون فکری قرار داشته و به علت اهمیت وافر وارد برنامه‌های رسمی دانشگاه‌ها در سراسر جهان شده است. هدف این مقاله تحلیل و نقد کتاب درسی مالیه عمومی و سیاست عمومی تألیف جاناتان گروبر است که از جدیدترین کتاب‌های درسی این حوزه به شمار می‌رود و هم اکنون در تعداد قابل توجهی از دانشگاه‌های مطرح جهان به عنوان کتاب درسی اصلی اق...

Governance, Corruption, and Public Finance: An Overview