Ricardian Equivalence, Lucas Critic and Exogeneity Tests

This article suggests an alternative approach, nested in exogeneity tests, to test the Ricardian Equivalence Hypothesis. The intuitive appeal and the sophisticated statistical method are the advantages of this new procedure. Furthermore, it is argued against the use of the value of correlation parameter to make any inference about the Ricardian Equivalence Hypothesis

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Year of publication:	2002
Authors:	Sachsida, Adolfo ; Teixeira, Joanílio Rodolpho
Publisher:	[S.l.] : SSRN
Subject:	Ricardianische Äquivalenz \| Ricardian equivalence \| Theorie \| Theory \| Neue klassische Makroökonomik \| New classical macroeconomics

Extent:	1 Online-Ressource (9 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 2000 erstellt
Other identifiers:	10.2139/ssrn.293190 [DOI]
Classification:	H30 - Fiscal Policies and Behavior of Economic Agents. General ; E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation ; C12 - Hypothesis Testing
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014122495