The Economics of Public Spending

by Miles, David; Myles, Gareth; Preston, Ian

• ISBN13: 9780199260324
• ISBN10: 019926032X
• Format: Hardcover
• Copyright: 2003-05-22
• Publisher: Oxford University Press

Summary

This title includes the following features: Extended introductiondiscusses the theory of public expenditure and the overall role of the publicsector; Cross-country comparisons of expenditure; Investigation of alternativeapproaches to economic analysis; Presents policy proposals

Author Biography

David Miles is Professor of Finance at Imperial College, University of London. He is also an economic consultant to Merrill Lynch. He specializes in research on financial markets. Miles worked for the Bank of England for several years after graduating from Oxford. After a spell in the economics department at Birkbeck College, he was Chief UK Economist for Merrill Lynch. He joined Imperial College in 1996. He has published widely on many aspects of finance and macroeconomics. Gareth Myles is Professor of Economics at the University of Exeter and a Research Fellow of the Institute for Fiscal Studies. He specializes in research on public economics. Myles worked at the University of Warwick for five years after completing his D.Phil. at Oxford, and joined Exeter in 1992. He holds editorial positions with Fiscal Studies, the Journal of Public Economic Theory, and the Review of Economic Studies, and has published widely on many aspects of public economics and microeconomics. Ian Preston is a Reader in Economics at University College London, which he joined in 1991 after a Research Fellowship at Nuffield College, Oxford. He is also a Research Fellow of the Institute for Fiscal Studies. His research interests are in applied microeconomics with particular focus on household behaviour and public policy. He has been editor of Fiscal Studies and currently edits the Economic Journal Conference Volume.

Table of Contents

Introduction: The Economics of Public Spending	1	(31)
David Miles
Gareth Myles
Ian Preston
Public and Private Pension Spending: Principles, Practice and the Need for Reform	31	(58)
James Banks
Carl Emmerson
Expenditure on Healthcare in the UK: A Review of the Issues	89	(32)
Carol Propper
Education and Public Policy	121	(32)
Jayasri Dutta
James Sefton
Martin Weale
Unemployment and Workers' Compensation Programmes: Rationale, Design, Labour Supply and Income Support	153	(46)
Bruce D. Meyer
What We Spend and What We Get: Public and Private Provision of Crime Prevention and Criminal Justice	199	(38)
Ann Dryden Witte
Robert Witt
On Sharing NATO Defence Burdens in the 1990s and Beyond	237	(30)
Todd Sandler
James C. Murdoch
Public and Private Spending for Environmental Protection: A Cross-Country Policy Analysis	267	(52)
David Pearce
Charles Palmer
Government Failure in US Urban Transportation	319	(22)
Clifford Winston
Public Financing of the Arts in England	341	(32)
Alan Peacock
Government Spending on Research and Development in the UK	373	(34)
Paul Stoneman
Index	407