Ricardian Equivalence Hypothesis: Some Empirical Tests for Pakistan Based on Blanchard-Evans Models

Review of Ricardian Equivalence: Theoretical and Empirical Studies

Matching grants and Ricardian Equivalence

This paper investigates the effectiveness of matching grants to correct for interjurisdictional spillovers in the light of Bernheim general neutrality result. Indeed this result suggests that the usual argument that matching grants are needed to internalize the externality arising from the existence of interjuridictional spillovers is an artifact of the assumption that jurisdictions neglect the...

on some bayesian statistical models in actuarial science with emphasis on claim count

چکیده ندارد.

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 ...

An Empirical Investigation for the Twin Deficits Hypothesis in Pakistan

Pakistan constitutes a valuable case study for investigating the dynamics of persistently high rates of budget and current account deficits. In this paper an attempt has been made to empirically test the twin deficits hypothesis in Pakistan using quarterly time-series data for the period 1975 to 2005. The co-integration results indicate the existence of a longrun relationship between the defici...