8202 - PUBLIC ECONOMICS
MM-LS - AFC-LS - CLAPI-LS - CLEFIN-LS - CLELI-LS - DES-LS - CLG-LS - M-LS - IM-LS - ACME-LS - EMIT-LS
Course taught in English
Go to class group/s: 31
The aim of the course is to lay the groundwork for an understanding of Public Economics at a Master level.
The course is based on three modules:
The first one concentrates on government expenditure, with a special focus on education, social security and health
The second one adopts an open economy view and explores issues related to multiple jurisdictions and migration decisions
The third one analyzes gender gaps in participation and wages, focusing on their causes and studying policies aimed at reducing them
- The Welfare State: An Introduction
- Social Security
-Pension systems, savings and the accumulation of physical capital
-Pensions and the labour supply
-Pensions and demographics
-Pension design and reform
-Pensions and risk-sharing
-Private versus Public Provision
-Financing of Schools
-The redistributive effects of education and education financing
-Asymmetric information and health insurance
-Regulation in Public Health systems
- Public Policy in Open Economy
-Migration and migration policies
- Gaps in wages and participation
- Public Policies to reduce gender gaps
Written exam. For students who regularly attend the class, a presentation based on topics agreed upon during the course can complement part of the written exam.
J. Hindricks, G.D. Myles, Intermediate Public Economics, MIT Press, 2005
G. Myles, Public Economics, CUP, 1998
A.J. Auerbach, M. Feldstein (eds.) Handbook of Public Economics, vol.2 and 4, North-Holland.
N. Barr, The Welfare State as Piggy Bank, Part III, OUP, 2001
Most of the course is based on articles from journals and working papers. A complete and up-to-date list with an indication of the compulsory readings are provided at the beginning of the course.