Handbook of Public Economics. Volume 5

Top scholars analyze recent scholarship in public economics, especially rapidly growing subjects. They examine new research in empirical (instead of theoretical) public finance, the methods for measuring taxes (both in revenue generation and expenditure), and the roles that taxes play in specific settings, such as emerging economies, urban settings, charitable giving, and between political entities (cities, counties, states, countries). As they did in volumes 3 and 4, contributors look at both the tax and expenditure sides of public finance. In volume 5 they emphasize recent influences that psychology and philosophy have exerted in economics, with articles on behavioral finance, charitable giving, and dynamic taxation. To a field enjoying rapid growth their articles bring context and order, illuminating the mechanisms that underlie both public finance theories and applications. It focuses on new approaches to both revenue generation and expenditures in public finance. It presents coherent summaries of subjects in public economics that stretch from methodologies to applications. It makes details about public economics accessible to scholars in fields outside economics.