Does the Ricardian Equivalence Theorem Capture the Consumption Behavior of Maltese Households?
نویسندگان
چکیده
منابع مشابه
Ricardian Equivalence Survives Strategic Behavior
Robert Barro (1974) showed government debt has no real effects when generations are linked by altruistically motivated intergenerational transfers, a result now known widely as the Ricardian Equivalence Theorem. An important condition for debt neutrality is believed to be the absence of strategic interactions between members of different generations. I use a simple two-period, parent and child ...
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ژورنال
عنوان ژورنال: International Journal of Economics and Finance
سال: 2018
ISSN: 1916-9728,1916-971X
DOI: 10.5539/ijef.v10n12p77