Jonathan Gruber

Public Finance and Public Policy was the first text to reflect current realities of public finance, with emphasis on empirical work and coverage of transfer programs and social insurance. The fourth edition is fully updated including coverage of new debates on EPA policy, global warming, school choice programs and the Job Creation Act of 2012.

Expert author explores realities of public finance combining a range of features including integrated applications, empirical evidence, relevant statistics, quick hints and mathematical appendices

PART I: BACKGROUND
Why Study Public Finance?
Theoretical Tools of Public Finance
Empirical Tools of Public Finance
Budget Analysis and Deficit Financing
PART II: EXTERNALITIES AND PUBLIC GOODS
Externalities: Problems and Solutions
Externalities in Action: Environmental and Health Externalities
Public Goods: Problems and Solutions
Cost/Benefit Analysis
Implementing Public Goods: Political Economy and Public Choice
State and Local Government Expenditures
Public Goods in Action: Education
PART III: SOCIAL INSURANCE AND REDISTRIBUTION
Social Insurance
Social Security
Unemployment Insurance, Workers' Compensation and Disability Insurance
Health Insurance I: Health Economics and Private Health Insurance
Health Insurance II: Medicare and Medicaid
Income Distribution and Welfare
PART IV: TAXATION IN THEORY AND PRACTICE
Taxation in the U.S. and Around the World
The Equity Implications of Taxation - Tax Incidence
Tax Inefficiencies and Their Implications for Optimal Taxation
Taxes on Labour Supply
Taxation of Savings
Taxes on Risk Taking and Wealth
Issues of Corporate Taxation
Issues of Corporate Taxation

Jonathan Gruber's groundbreaking Public Finance and Public Policy was the first textbook to truly reflect the way public policy is created, implemented, and researched. Like no other text available, it integrated real-world empirical work and coverage of transfer programs and social insurance into the traditional topics of public finance. From its first edition, the book quickly became the market-leading text for Public Finance and Public Policy courses, and the margin is growing. Thoroughly updated, this timely new edition gives students the basic tools they need to understand the driving issues of public policy today, including healthcare, education, global climate change, entitlements, and more.