This book introduces recent developments in both theoretical and empirical analyses of local public economics. Theories of those economics as well as empirical analyses have been developed dramatically in various directions in recent years. One direction has been to reflect real economic...

1. Declining Population Growth and the Serendipity Theorem -- 2. Consumption of Leisure Goods, Leisure Time, and Inheritance of Tastes for Leisure in an Overlapping Generations Model -- 3. Overlapping Generations Model with Relative Preference for Children's Human Capital -- 4. The Impact of...