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                                       Details for article 4 of 8 found articles
 
 
  Ricardian Equivalence: Further Evidence
 
 
Title: Ricardian Equivalence: Further Evidence
Author: Chakraborty, Atreya
Farah, Abdikarim M.
Appeared in: International economic journal
Paging: Volume 10 (1996) nr. 3 pages 19-31
Year: 1996
Contents: The Ricardian Hypothesis states that for a given level of government expenditure, aggregate demand is neutral to changes in the debt-to-tax ratio. Many economists argue that the private and government sectors have different planning horizons which will lead to deviations from Richardian equivalence. In this paper, by using a model tat nests both Ricardian equivalence and a alternative hypothesis, we empirically investigate whether the private sector as a shorter planning horizon than the government sector. The evidence presented in this study suggests that there is no difference between the planning horizons of the private and government sectors. [E62]
Publisher: Routledge
Source file: Elektronische Wetenschappelijke Tijdschriften
 
 

                             Details for article 4 of 8 found articles
 
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