Andrew Beattie was part of the original editorial team at Investopedia and has spent twenty years writing on a diverse range of financial topics including business, investing, personal finance, and ...
The validity of the Ricardian equivalence proposition remains disputed in spite of the numerous empirical studies. This study utilized panel ARDL estimation approach to investigate the evidence of ...
This paper looks at theoretical and empirical issues associated with the operation of fiscal stabilisers within an economy. It argues that such stabilisers operate most effectively at a national, ...
Paul Krugman has a piece up on his blog which he appears to regard as a knockout blow to the concept of "Ricardian Equivalence" (i.e. the doctrine that, under most circumstances, funding government ...
Paul Krugman has a nice piece today looking at pieces of economic theorising which most certainly used to be true but which probably aren't now. No, it's not that our answers to the economic questions ...
Our last post led to reactions from Mark Thoma, Nick Rowe, Paul Krugman and Brad DeLong. And, as some of the posts make clear, there is not always agreement about about how to think about the effects ...
This project aims to empirically explore Ricardian equivalence using recent changes to federal payroll taxation. Ricardian equivalence, the idea that consumers are forward looking and internalize debt ...
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those ...
A hardcore Keynesian wants you to think that Ricardian equivalence is a pretty flimsy idea, but it's not. That's one opinion. Here's another from David Romer's graduate level "Advanced Macroeconomics" ...
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