Solutions Manual to Accompany Intermediate Public Economics

This solutions manual for Intermediate Public Economics (MIT Press, 2006) offers
students an opportunity to practice using the analytical tools of public economics at intermediate
and more advanced levels. The 424 exercises in the textbook (all of which are covered in the
solutions manual) vary widely in nature and difficulty; some involve reflection on the models used
and the discussion of assumptions and conclusions, while others work through general arguments in
the text using specific functional forms. Several require the use of data to test theoretical
predictions. The more challenging exercises explore and extend the material in the text. The Manual
gives complete solutions to the analytical questions and provides guidance to the major points in
the discussion problems, occasionally extending the discussion to related issues. In answers to the
exercises analyzing data, the authors have kept the econometrics simple both in the estimation
package employed and in the level of econometric sophistication. All regressions equations have been
computed using Microsoft Excel. Advanced students can employ a wider range of test statistics and
conduct appropriate integration tests on time series data. Professors and students will find this
book an important resource for their work with the textbook.