This textbook equips instructors and students with an overview of the existing literature so that the latter can attain an overall understanding of macroeconomic and microeconomic public finance. The literature on public finance has grown dramatically with theoretical studies and empirical...

All fiscal stimulus measures must ultimately be financed, and thus their effects critically depend on the expectations of how they are to be financed. This paper examines the importance of tax rules in determining the size of the government spending multiplier by estimating and simulating a New...