20271 - PUBLIC ECONOMICS
CLMG - M - IM - MM - AFC - CLAPI - CLEFIN-FINANCE - CLELI - ACME - DES-ESS - EMIT
Department of Social and Political Sciences
Course taught in English
Go to class group/s: 31
CLMG (6 credits - I sem. - OP | SECS-P/03) - M (6 credits - I sem. - OP | SECS-P/03) - IM (6 credits - I sem. - OP | SECS-P/03) - MM (6 credits - I sem. - OP | SECS-P/03) - AFC (6 credits - I sem. - OP | SECS-P/03) - CLAPI (6 credits - I sem. - OP | SECS-P/03) - CLEFIN-FINANCE (6 credits - I sem. - OP | SECS-P/03) - CLELI (6 credits - I sem. - OP | SECS-P/03) - ACME (6 credits - I sem. - OP | SECS-P/03) - DES-ESS (6 credits - I sem. - OP | SECS-P/03) - EMIT (6 credits - I sem. - OP | SECS-P/03)
Course Director:
ALESSANDRA CASARICO
ALESSANDRA CASARICO
Course Objectives
The aim of the course is to lay the groundwork for an understanding of Public Economics at a master level. The course tries to strike a balance between the development of theoretical tools and the use of empirical methods to assess the impact of government intervention.
The course develops along three main parts.
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The first part analyses the government expenditure with a special focus on social security, education and early childhood environments.
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The second part of the course examines public policies in an open economy, with a view on multiple jurisdictions and migration decisions issues: we discuss how national policies can be sustained in the presence of international labour and capital movements and we focus on the setting of migration policies.
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The last part covers issues related to gender gaps in participation and wages: their causes and policies aimed at reducing them.
Course Content Summary
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Social Security.
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Pension systems, savings and the accumulation of physical capital.
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Pensions and the labour supply.
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Pensions and demographics.
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Pension design and reform.
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Education.
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Private versus public provision.
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Financing of schools. The role of vouchers.
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The redistributive effects of education and education financing.
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Early childhood interventions and human capital accumulation.
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Time-Use.
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Subjective Well-Being.
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Meaning and Measurement.
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Application to labour markets, public goods and policy.
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Public Policy in Open Economy.
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Fiscal competition.
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Migration and migration policies.
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Gender.
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Gaps in the labour market and in politics.
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Public Policies to reduce gender gaps.
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Detailed Description of Assessment Methods
Attending students:
Written exam. A presentation based on topics agreed upon during the course can complement part of the written exam.
Non attending students:
Written examTextbooks
Reference texts are:
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J. HINDRICKS, G.D. MYLES, Intermediate Public Economics, MIT Press, 2005.
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G.D. MYLES, Public Economics, CUP, 1998.
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J. GRUBER, Public Finance and Public Policy, Worth Publishers, last edition.
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A.J. AUERBACH, M. FELDSTEIN (eds.) Handbook of Public Economics, vol. 2 and 4, North-Holland.
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N. BARR, The Welfare State as Piggy Bank, Part III, OUP, 2001.
Most of the course is based on articles from scientific journals and working papers. A complete and up-to-date list with an indication of the compulsory readings is provided at the beginning of the course.
Last change 08/06/2012 12:54